asked 220k views
4 votes
Is it legal for south african firms to collude with one another to set prices

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User Sanaulla
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7.5k points

1 Answer

3 votes
collusion is legal in most countries as it form part of the oligopoly but in south africa it is not legal for companies to collude on prices .As evidence, the competition commission has fined several SA companies for price collusion.
answered
User Sumit Saurabh
by
8.7k points
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