Why might price collusion occur in oligopolistic industries?
Assess the economic desirability of collusive pricing.
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Economics
Why might price collusion occur in oligopolistic industries?Assess the economic desirability of collusive pricing.
What are the main obstacles to collusion?
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Oligopoly is a market in which there are small numbers of firms with significant market share This is analogous to a monopoly that has a single firm where a range of firms have oligopoly Price collusion exists to maximize income in the oligopolistic industries Industries set prices among themselves in an oligopolistic market in order to
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