Price Collusion

by: Noah Glover

Why Price Collusion can make or break a business

Price collusion is the act of two rival companies doing business together in order to alter the price of an object in their own favor. This is not good business for the customer, but to the supplying companies it makes them a lot of profit.

Legality

The process of Price Collusion is illegal. It disrupts the market's equilibrium, which can potentially disrupt the entire economy