2 ms·

I 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. Bu

I 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 ago
Hence the other aspects of antitrust law. Albeit not enforced well of late.