Question
see enclosed Is it fair to say that firms in an industry charging the same price, tare engaged/involved in price collusion? To what extent might
see enclosed
Is it fair to say that firms in an industry charging the same price, tare 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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