According to Ghemawat, which of the following are key conditions for tacit collusion?
A) strategic complementarity
B) repeated interaction
C) mutual familiarity
D) all of the above

Question

Quizplus · Accepted Answer

Ghemawat identifies strategic complementarity, repeated interaction, and mutual familiarity as key conditions for tacit collusion, indicating that all of the options listed (A, B, C) are correct. These conditions facilitate an environment where firms can align their strategies without explicit communication, leading to tacit collusion.

According to Ghemawat, Which of the Following Are Key Conditions