4 ms·
You don’t need collusion to make it work. They just all have the same idea. Charge more and see if people still buy it. They do? Charge a bit more.
by jonplackett 3y ago
You don’t need collusion to make it work. They just all have the same idea. Charge more and see if people still buy it. They do? Charge a bit more.
- chii 3y agoWhich is already what happens pre-covid. There's zero change in corporate pricing strategy - the cost increases are all due to monetary policies interacting with the covid shocks (that is still reverberating).