Describe a trade association

A trade association is generally a group of experts gathered to promote common interests and participate in public relations activities such as advertising, education, political donations, lobbying, and publishing, but their focus is Information exchange of trade associations means collecting, processing and retransmitting information and statistics to its members. Hence, trade associations create PT. This increases the risk of cartel-like conditions. Recommendation for prices, discounts, limits, and disclosure of future price information is prohibited. All information must be confidential, meaning it should not be possible to know which firm the information comes from. Historical data might be OK if the information is unconfidently old and aggregated.