Collusive pricing occurs when companies in an industry conspire in their pricing and production decisions to achieve a price above the competitive price and so restrain trade.

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Collusive pricing is a type of anti-competitive behavior where companies in an industry work together to artificially increase prices and limit competition. This violates antitrust laws and harms consumers by reducing choice and driving up prices.

Collusive Pricing Occurs When Companies in an Industry Conspire in Their