Examlex
How is an embedded object related to the source file?
Explain.
Tacit Collusion
An unspoken agreement between competitors to avoid certain competitive practices, such as price wars, to maximize profits without explicit communication.
Price Leadership
A situation in a market where one leading company sets the price of goods or services, and other companies in the market follow.
Tacit Collusion
A form of collusion among competing firms in an industry to raise prices or slow production informally without a direct agreement.
Price Leadership
A pricing strategy where a dominant firm in the market sets the price of goods or services, and other competitors follow.
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