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Sentence combining is
Tacit Collusion
An unspoken, informal agreement among competitors to avoid competitive behaviors like price wars, leading to higher prices for consumers.
Oligopolies
Market structures in which a few large firms dominate the industry, having significant market power to influence prices and terms of sale.
Market Power
The ability of a firm to influence or control the price and output level in the market.
Interdependence
The mutual reliance between two or more groups or sectors, especially in an economic context, where the actions of one directly affects the others.
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