3 ms·
Enforcing upfront price transparency in markets with few suppliers and significant geographic restrictions can result in higher prices through "collusion". Thi
by noelsusman 7y ago
Enforcing upfront price transparency in markets with few suppliers and significant geographic restrictions can result in higher prices through "collusion". This isn't theoretical, it has already happened.
https://onlinelibrary.wiley.com/doi/full/10.1111/1467-6451.00057 https://onlinelibrary.wiley.com/doi/full/10.1111/1467-6451.0...
- mattnewton 7y agoHuh, TIL, thanks for the link.