An industry without a price leader makes it easier for firms in that industry to form collusions.

Name: An industry without a price leader makes it easier for firms in that industry to form collusions.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Without a price leader, it's often harder for firms to coordinate on prices, making collusion more difficult to achieve and maintain. Price leadership can provide a focal point around which firms can align their pricing strategies.

An Industry Without a Price Leader Makes It Easier for Firms