Fertile fields owner sets prices exactly equal to competitor, Operation Management

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Fertile fields owner sets prices exactly equal to competitor

Assignment:

Assume two fertilizer dealerships, Grow Quick and Fertile Fields, hold 70 percent and 30 percent, respectively, of the fertilizer business in the farm community of What Cheer, Iowa. Assume the owner of Fertile Fields learns via inquiry, hearsay, and the like of Grow Quick's price quotes. Then, each growing season the Fertile Fields owner sets her prices exactly equal to those of her competitor. Is that practice unlawful? Explain.

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Operation Management: Fertile fields owner sets prices exactly equal to competitor

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Operation Management: Fertile fields owner sets prices exactly equal to competitor

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