"Conscious parallelism" is:
A) The prices of competitors running in tandem with changes.
B) Illegal per se.
C) An issue in the vertical distribution of goods.
D) None of the above

Question

Quizplus · Accepted Answer

Conscious parallelism refers to a situation where competitors independently but simultaneously change prices or business practices in response to market conditions, without explicit agreement. It is not illegal per se, as it does not involve direct collusion.

"Conscious Parallelism" Is