Mutual forbearance is:
A) illegal in the United States.
B) a type of competition-reducing strategy.
C) a variety of risk-sharing by firms in highly fragmented industries.
D) exercised when alliance partners refrain from opportunistic behaviors.

Question

Quizplus · Accepted Answer

Mutual forbearance is a strategy where firms in competitive markets avoid aggressive competition against each other to maintain stability and reduce the risk of mutual harm.

Mutual Forbearance Is