Airline A and Airline B are the two largest airlines in the country. The chief executive officer of Airline A calls the chief executive officer of Airline B and says, "Why don't we both raise prices 25% across the board next week?" This is an example of:

Question

Quizplus · Accepted Answer

The chief executive officer of Airline A is proposing a collusive behavior, which is an illegal agreement between two or more companies to restrain competition. Therefore, the best choice is B.

Airline a and Airline B Are the Two Largest Airlines