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In the United States cartels or any type of collusion among firms Multiple Choice is in violation of the antitrust laws. is concentrated in monopolistically competitive industries. is quite common in industries that produce nondurable goods. is encouraged by government policy so firms can achieve economies of scale.

1 Answer

1 vote

Answer:

is in violation of the antitrust laws.

Step-by-step explanation:

Collusion is when two or more rival firms come together to set prices or quantities to sell in order to maximise profit and disrupt market equilibrium.

Collusion is in violation of anti trust laws and it's illegal in the US.

Collisions and cartels occur more commonly in oligopolies.

I hope my answer helps you

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User Allard
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