Price levels in the United States are

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Price levels in the United States are typically set by the respective companies, based on market demand, competition, and production costs. While there are laws and regulations in place to prevent collusion and price-fixing among competitors, these actions are illegal and not a common practice in most industries. The U.S. Justice department may investigate and prosecute companies that engage in anticompetitive behavior, but it is not responsible for setting prices in the marketplace. Similarly, cartels and agreements among competitors are also illegal and rare occurrences in the U.S. economy.

Price Levels in the United States Are