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Two airlines are competing against each other. Both raise prices at the same time and the market outcome is such that profits rise for both.
Two airlines are competing against each other. Both raise prices at the same time and the market outcome is such that profits rise for both. Is this sufficient evidence that the two firms are colluding?
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No observing that two airlines raise prices at the same time and experience increased profits does n...
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Accounting Information System
Authors: James A. Hall
7th Edition
978-1439078570, 1439078572
