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16 June, 01:08

Occurs when members of the marketing channel collude to control the prices passed on to consumers.

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  1. 16 June, 05:06
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    Vertical price fixing takes place when members of a marketing channel control the prices implemented to the consumers. It is considered to be illegal by the U. S. Constitution which involves "fixing" the price of the goods in the market and most likely happens in the automotive industries.
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