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During the Week 8 lecture, I also talk about the different types of collusion strategies. This collusion strategy exists when firms cooperate in reducing competition

During the Week 8 lecture, I also talk about the different types of collusion strategies. This collusion strategy exists when firms cooperate in reducing competition but engage in no face-to-face negotiations to do so. What is this?

a.Tacit collusion

b.Explicit collusion

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