tutor2u | Oligopoly - Tacit Collusion

Study Notes

Oligopoly - Tacit Collusion

Level:
A Level
Board:
AQA, Edexcel, OCR, IB

Last updated 3 Jul 2018

Tacit collusion

Tacit collusion (or price leadership) happen when other businesses usually accept price changes established by a dominant firm and which other firms then follow.

Oligopoly Collusion (includes tacit collusion) - revision video

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