4 ms·
I would like to understand better your definition of "competing" because accidental cartels happen all the time in highly regulated and captured markets such as
by uoaei 4y ago
I would like to understand better your definition of "competing" because accidental cartels happen all the time in highly regulated and captured markets such as healthcare.
- lotsofpulp 4y agoNobody chooses to earns a 5% profit margin if they can earn 6%. Low single digits is objectively a low profit margin, for any business, and so must indicate that competitors exist Who prevent charging higher prices to increase the profit margins.