Grade Booster student workshops are back in cinemas for 2022. Learn more

Economics

Study Notes

Oligopoly - Tacit Collusion

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

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

Boston House,
214 High Street,
Boston Spa,
West Yorkshire,
LS23 6AD

Tel: +44 0844 800 0085

© 2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.