Examlex
Which of the following are examples of wide area networks (WANs) ?
Covert Collusion
An implicit secret agreement between parties to fix prices, divide markets, or rig bids without explicit verbal agreement, making it hard to detect and prosecute.
Cartel
An association of independent businesses organized to control prices and production, restrict competition, and monopolize markets.
Price Leadership
A situation where the largest or most dominant company in an industry sets prices that other companies then follow.
General Electric
An American multinational conglomerate involved in various sectors including energy, aviation, and healthcare.
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