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22 June, 23:31

Why did the businesses concerned engage in acts of collusion?

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  1. 22 June, 23:39
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    One of the main reason businesses engage in acts of collusion is to get the maximum profit.

    Through a collusion, more that one companies could cooperate to determine the price that they could set in the market. By doing this, the consumers will have no choice to buy the products with that specific price
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