Collusion and cartels

Collusion refers to conduct where firms cooperate over time to raise prices above competitive levels. Preventing collusion is one of the main aims of COMPETITION policy, and there is a distinction between explicit and tacit collusion. Explicit collusion refers to a cartel that colludes by directly c...

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Bibliographic Details
Main Authors: Luke Garrod, Matthew Olczak
Format: Default Book chapter
Published: 2015
Subjects:
Online Access:https://hdl.handle.net/2134/21369
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