Various governments force companies to charge the ________ price, which is charged by other competitors for the same or a similar product.

Question

Quizplus · Accepted Answer

The term "arm's-length" refers to a business transaction in which the parties are independent and are not related to each other. When governments force companies to charge the arm's-length price, they are mandating that companies charge a price similar to the price charged by competitors for similar products. This helps to ensure fair competition in the marketplace.

Various Governments Force Companies to Charge the ________ Price, Which