Tactic collusion occurs when firms limit competition with one another.

Name: Tactic collusion occurs when firms limit competition with one another.
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Tactic collusion refers to a situation where firms engage in anti-competitive behavior by limiting competition with one another. This can take many forms, such as price-fixing, market-sharing, or bid-rigging. Such collusion is illegal in most countries as it harms competition and consumers.

Tactic Collusion Occurs When Firms Limit Competition with One Another