When two or more organisations conspire to set prices above a competitive price, they are engaging in:

Name: When two or more organisations conspire to set prices above a competitive price, they are engaging in:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Collusive pricing occurs when two or more organizations conspire or collaborate to set prices above a competitive level, often to maximize their profits at the expense of consumers or to stabilize their market positions. This practice is generally illegal and considered anti-competitive.

When Two or More Organisations Conspire to Set Prices Above