Question

The brokers of Greater Gulf Realty and Brackish Bay Realty agreed to only work with clients near their own offices to allow each to be able to get more fees per home sold. This is illegal and an example of?

Answer 1

"Market allocation " would be the correct answer.

Step-by-step explanation:

• The expression 'market allocation' has been used to refer to something like a form of horizontal trading relationship where various companies collaborate to a conceptual model to limit the individual business-related activities to similar aspects such as temporary groups, defined geographical regions, and sometimes even respective customer groups.
• This arrangement is commonly a form of the contract during which the participants distribute the marketplace between itself.

So that the given scenario is the example of Market allocation.