Asked by Gabriel Matar on Jul 23, 2024
Verified
Briefly describe the business practice of tying.
Tying
A form of anti-competitive practice where a seller requires the buyer to purchase another one of their products as a condition of buying the desired product.
- Examine the ethical and legal considerations in business practices like tying and predatory pricing.
Verified Answer
SW
Shauntisha WilliamsJul 27, 2024
Final Answer :
Tying is the practice of bundling products together so that the consumer cannot buy them separately.
Learning Objectives
- Examine the ethical and legal considerations in business practices like tying and predatory pricing.
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