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10 July, 03:11

Match each type of unfair business practice with its description.

a. vendor lock-in [:1 a large company charges a price below production cost in orderto eliminate small competitors.

b. price fixing |:l a group of companies agrees that all ofthem will charge the same price.

c. predatory pricing : l a company says that a wide range of products can be used with its product but this is not true.

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  1. 10 July, 03:24
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    The correct matching of the unfair business practices with their definition are as follow:

    1. Vendor lock in: a company say a wide range of product can be used with its products but this is not true.

    2. Price fixing: a group of companies agree that all of them will charge the same price.

    3. Predatory pricing: a large company charges a price below production cost in order to eliminate small competitors.
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