alt Hacker NewsWhat about when market prices are public? Is knowing the market prices collusion?
Replies
rahimnathwani • today at 7:01 AM
Tacit collusion wouldn't work in this case, because most rental markets aren't oligopolies.
What about when market prices are public? Is knowing the market prices collusion?
Tacit collusion wouldn't work in this case, because most rental markets aren't oligopolies.
It can be, if everyone also acts to keep prices high by behaving in ways that aren't typical.
https://en.wikipedia.org/wiki/Tacit_collusion