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TRUE OR FALSE Price dumping occurs when a domestic company is trying to get rid of out-of-style products at a substantially reduced price. Collusive pricing
TRUE OR FALSE Price dumping occurs when a domestic company is trying to get rid of out-of-style products at a substantially reduced price. Collusive pricing occurs when companies in an industry conspire in their pricing and output decisions to achieve a price above the competitive price Peak-load pricing is a form of price discrimination and is illegal. To comply with antitrust laws, a company must not engage in predatory pricing, dumping, or collusive pricing which lessen competition, put another company at a competitive disadvantage, or harm consumers
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