The term you were looking for appears to be tacit collusion: https://en.wikipedia.org/wiki/Tacit_collusion https://en.wikipedia.org/wiki/Tacit_collusion Me: Wh

The term you were looking for appears to be tacit collusion: https://en.wikipedia.org/wiki/Tacit_collusion https://en.wikipedia.org/wiki/Tacit_collusion Me: What's the official economics term for passive collusion, when players in a market avoid competing with each other without any explicit agreement not to? GPT-4: The official economics term for passive collusion, when players in a market avoid competing with each other without any explicit agreement not to, is "tacit collusion." Tacit collusion occurs when firms in an industry indirectly coordinate their actions, such as price setting or output levels, without explicit communication or agreements. This behavior can lead to higher prices and reduced competition, similar to the outcomes of explicit collusion or cartels, but it can be harder to detect and regulate.