4 ms·
Or one of them could lower to 4.35 and take all the business. Which is normally what would happen without collusion.
by lukev 2y ago
Or one of them could lower to 4.35 and take all the business. Which is normally what would happen without collusion.
- BurningFrog 2y agoI don't have a source for this, so take it as you wish, but as I remember what I read, duopolies can be quite stable. Three party cartels can go either way. But with 4 or more participants, someone will inevitably betray the others out of greed.
- lukev 2y agoHence the other aspects of antitrust law. Albeit not enforced well of late.