Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
294,193
edits
Changes
Jump to navigation
Jump to search
Line 1:
Line 1: − +
no edit summary
'''Collusion''', in [[economics]], is an attempt to not compete in order to fix prices. It is an agreement among members of a [[cartel]] in a particular industry to keep out competitors by manipulating prices and creating disincentives among start-ups to compete. It is [[illegal]] under the [[Sherman Act]].
'''Collusion''', in [[economics]], is an agreement to not compete and rig prices among members of a [[cartel]] in a particular industry in order to keep out new competitors by creating disincentives. It is [[illegal]] under the [[Sherman Act]].
== See also ==
== See also ==