Gerbig769
Gerbig769 Gerbig769
  • 16-03-2015
  • History
Answered

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

Answer :

HistoryGuy HistoryGuy
  • 16-03-2015
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.
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