Which of the following refers to identical actions that are taken independently but nearly simultaneously by two or more leading companies in an industry?

Question

Quizplus · Accepted Answer

Conscious parallelism refers to the phenomenon where competitors in an industry independently make similar decisions regarding pricing, advertising, product development, etc. without any direct communication or agreement. It is not illegal on its own, but may raise antitrust concerns if it leads to anticompetitive effects.

Which of the Following Refers to Identical Actions That Are