The economics of collusion : cartels and bidding rings /

Explicit collusion is an agreement among competitors to suppress rivalry that relies on interfirm communication and/or transfers. Rivalry between competitors erodes profits; the suppression of rivalry through collusion is one avenue by which firms can enhance profits. Many cartels and bidding rings...

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Bibliographic Details

Main Authors:	Marshall, Robert C., 1956- (Author), Marx, Leslie M., 1967- (Author)
Format:	eBook
Language:	English
Published:	Cambridge, Mass. : MIT Press, ©2012.
Subjects:	Price fixing. Cartels. Competition. ECONOMICS/Microeconomics SOCIAL SCIENCES/Political Science/Public Policy & Law Electronic books.
Online Access:	Connect to the full text of this electronic book