Respuesta :

meerkat18

The answer is cartel. This is when companies who are in the same business manipulate the prices of goods and commodities to their favor.  This is frowned upon and usually government intervenes when it does so at the expense of the consumer.

jandres511

Answer:

The answer is cartel.

Explanation:

A cartel consists of several producers that share interests and they work together to secure them. Another cartel's task is to restrict aspects related to the market such as the output released, as well as the establishment of some rules concerning members' behavior.

Cartels can also establish prices to be applied to members, and in this way to avoid the competition related to prices. When this situation occurs, the cartels are known as price rings. Producers consider that cartels would reduce economic risks because of cartels' establishment of rules concerning to members.

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