Question

List & explain three market practices that the government bans to protect competition.

A) Price-fixing, bid rigging, market allocation
B) Product advertising, mergers, subsidies
C) Import restrictions, labor unions, quality standards
D) Market segmentation, vertical integration, branding

Answer 1

The government bans price-fixing, bid rigging, and market allocation to protect competition.

Step-by-step explanation:

Three market practices that the government bans to protect competition are