Register

What is the term that describes a group of firms cooperating with each other in order to avoid competition? competition collusion communication combination

What is the term that describes a group of firms cooperating with each other in order to avoid competition? competition collusion communication combination
136k views
3 votes
What is the term that describes a group of firms cooperating with each other in order to avoid competition? competition collusion communication combination

User Vania
by
7.5k points

1 Answer

3 votes
The term is "collusion" and it's illegal in the United States. Competition is a healthy and necessary part of a thriving economy, and the government tries to ensure that it's practiced at all times.
User Dynamiite
by
8.3k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

is it true or false that after the american revolution conflicts in the northwest territory erupted between remaining british soldiers and native americans
How did world war 1 affect the racial and ethnic makeup of american cities
What military strategy defeated Cornwallis at Yorktown?
After 1081 ,what was the byzantine being weakened by?
King Louis XVI A.He admired the revolution's principles. B. He was suspicious of the leaders of the revolution. C. He felt it was a much better revolution than the American Revolution. D. He was frighten
Link Copied!