Although competitor's prices can have a dramatic effect on a small business's own prices,monitoring competitor prices is illegal in many states.

Question

Quizplus · Accepted Answer

Monitoring competitor prices is not illegal in most states, although some states have certain restrictions on the methods and purpose of such monitoring. It is important for businesses to stay informed of their competitors' pricing strategies in order to remain competitive in the market.

Although Competitor's Prices Can Have a Dramatic Effect on a Small