Question

Which of the following pricing strategies is illegal in the U.S. and many other countries?

Question 4 options:

price skimming


penetration pricing


price fixing


bait-and-switch advertising

Answer 1

The pricing strategy that is illegal in the U.S. and many other countries is **price fixing**. Price fixing involves an agreement between competitors to set prices at a certain level, which is considered anti-competitive and violates antitrust laws.