More Like This

Show all results sharing this subject:

  • Business and Management


Show Summary Details

Quick Reference

Action in concert without any formal agreement. For example, firms may refrain from undercutting each other's prices, or from selling in each other's market areas. Collusion is common when anti-monopoly legislation makes explicit agreements illegal or unenforceable. Its existence is extremely difficult to prove.

Subjects: Business and Management.

Reference entries

See all related reference entries in Oxford Index »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.