Four pricing practices are closely scrutinized because of potential unethical or illegal actions. They include: (1) predatory pricing; (2) price discrimination; (3) deceptive pricing; and (4) __________.

Question

Quizplus · Accepted Answer

The fourth pricing practice that is closely scrutinized because of potential unethical or illegal actions is price fixing, which refers to an agreement among competitors to set the same or similar prices for a product or service. This practice harms consumers by eliminating competition and inflating prices beyond what would occur in a competitive market.

Four Pricing Practices Are Closely Scrutinized Because of Potential Unethical