Question
Is it fair to say that ALL firms in an industry charging the same price, are engaged/involved in price collusion? To what extent might this
Is it fair to say that ALL firms in an industry charging the same price, are engaged/involved in price collusion? To what extent might this be a plausible explanation? Are there any other possible reasons or explanations? What type of market structure do you think is more conducive or favourable to firms engaging in price-fixing? Why do you think the price-fixing situation in the case below described lasted for so long?
Russell, A. (2018). 7 Canadian companies committed indictable
offences in bread-price fixing scandal: Competition Bureau.
Global News.https://globalnews.ca/news/3998023/bread-price-fixing-scandal-competition-act-crimes/
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Strategic Management And Business Policy: Globalization, Innovation And Sustainability
Authors: Thomas L. Wheelen, J. David Hunger, Alan N. Hoffman, Chuck Bamford
14th Edition
0133126145, 978-0133126143
