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If Price Fixing by Competitors Is Necessary Because Without It

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If price fixing by competitors is necessary because without it a firm will go bankrupt, is the price fixing legal?


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Globalization

Globalization is the process of increased interconnectedness and interdependence among countries, particularly in terms of economic, cultural, and political exchanges, facilitated by advances in communication and transportation technologies.

Populations

Groups of individuals belonging to the same species that live in a shared region and interbreed.

Modernization

The transition from traditional to contemporary forms of society, often characterized by technological, social, and economic changes.

Subprocesses

The distinct and smaller sequences of activities or steps that form part of a larger process or operation.

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