Conscious parallelism occurs if two competing manufacturers of a similar product both separately reach an independent decision not to deal with a retailer.

Name: Conscious parallelism occurs if two competing manufacturers of a similar product both separately reach an independent decision not to deal with a retailer.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Conscious parallelism is a form of collusion in which competitors reach the same decision independently to avoid dealing with a common retailer or other business entity.

Conscious Parallelism Occurs If Two Competing Manufacturers of a Similar