Topic: Price Collusion in Oligopolistic Industries
Answers to Common Questions
Why do you think the price collusion occurs in oligopolistic indu...
its because of the fact that price competition results in a lose lose situation for all firms. since they each have a certain amount of market power, they will choose instead to engange in non-price competition so... price collusion will oc... Read More »
Source: http://answers.yahoo.com/question/index?qid=20080225195624AAvbo4H
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