Collusion is:
A)legal in the United States.
B)not possible when firms interact repeatedly forever.
C)more likely in industries with a large number of firms.
D)none of the statements associated with this question are correct.

Question

Quizplus · Accepted Answer

Collusion is illegal in the United States under antitrust laws. It is possible for firms to continue colluding even when they interact repeatedly, and industries with a small number of firms tend to be more susceptible to collusion. Therefore, none of the statements associated with this question are correct.

Collusion Is