Tacit collusion

Updated: Aug 20, 2021

Collusion that occurs without explicit communication between the parties involved. For example, two firms may tacitly collude not to undercut each other’s price.

Reference: Oxford Press Dictonary of Economics, 5th edt.

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James Knight
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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.