Suppose the two rival office supply companies Office Depot and Staples both adopt price-matching policies. If consumers can find lower advertised prices on any items they sell, then Office Depot and Staples guarantee they will match the lower prices. Explain why this pricing policy may not be good news for consumers.

Question

Suppose the two rival office supply companies Office Depot and Staples both adopt price-matching policies.  If consumers can find lower advertised prices on any items they sell, then Office Depot and Staples guarantee they will match the lower prices.  Explain why this pricing policy may not be good news for consumers.

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