The incentive here would be that a new company could sell far more fridges when reasonably prices compared to their competitors and take all of their market share
But yes of course govt regulation is required when there is actual price fixing going on.
I'd also like to know the alternative way of pricing goods/services from people with the alternate view
The incentive here would be that a new company could sell far more fridges when reasonably prices compared to their competitors and take all of their market share
But yes of course govt regulation is required when there is actual price fixing going on. I'd also like to know the alternative way of pricing goods/services from people with the alternate view