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Is price-fixing a type of collusion?

Updated: 8/22/2023
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13y ago

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Price fixing can only be collusion if it happens due to all the firms in an oligopoly system come together to decide the price.

Price fixing can also be implemented by government (especially in agriculture sector), in which case is not considered a collusion.

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13y ago
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13y ago

There are two types of price fixing: vertical and horizontal.

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Q: Is price-fixing a type of collusion?
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