Business Studies, asked by raja047, 11 months ago

what is the control on price rigging ​

Answers

Answered by sibi61
4

Price rigging is an illegal action that occurs when parties conspire to fix or inflate prices to achieve higher profits at the expense of the consumer. Also known as "price fixing" or "collusion," price rigging can take place in any industry.

Answered by Anonymous
4

Answer:

˙❥˙Price rigging is an illegal action that occurs when parties conspire to fix or inflate prices to achieve higher profits at the expense of the consumer. ... It has the effect of dampening competition, which tends to favor the consumer with greater variety and lower prices. Price rigging is a form of market manipulation.✧*。

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