Firms have the right to form and participate in coalitions and associations to conduct nonmarket activity.

Question

Quizplus · Accepted Answer

Firms have the legal right to form coalitions and associations with other firms to conduct nonmarket activities, such as lobbying and advocacy, in order to influence public policy and regulations that affect their businesses. This is a common strategy used by firms to exert collective influence on policymakers and to affect the outcomes of political and regulatory processes.

Firms Have the Right to Form and Participate in Coalitions