Difference between revisions of "Restrictive practices"
(Created page with "Restrictive practices are practices that reduce competition but that do not involve outright agreements between firms to raise price. ==Definition== According to Princi...") |
(No difference)
|
Latest revision as of 19:57, 2 June 2020
Restrictive practices are practices that reduce competition but that do not involve outright agreements between firms to raise price.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Restrictive practices. Practices that reduce competition but that do not involve outright agreements between firms to raise price.