question archive Why might price collusion occur in oligopolistic industries? Assess the economic desirability of collusive pricing

Why might price collusion occur in oligopolistic industries? Assess the economic desirability of collusive pricing

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Why might price collusion occur in oligopolistic industries? Assess the economic desirability of collusive pricing. What are the market obstacles to collusion?Speculate as to why price leadership is legal in the United States, whereas price fixing is not.

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