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1-Wadest Inc. and Renetin Corp. are the only two networks service providers in the island country of Germany. Since the companies have an equal market

1-Wadest Inc. and Renetin Corp. are the only two networks service providers in the island country of Germany. Since the companies have an equal market share, they agreed to have similar tariffs and pricing policies. This scenario exemplifies the practice of:

-Status quo pricing

-Price fixing

-Price penetration

-Price skimming

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