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Business, 26.03.2021 06:30 catcatscats122

Suppose that in the market for cell phone service the number of competitors has dwindled until Schelling Telco and Bat-Mobile have become the only providers left in the nation. Seeking to boost their profits, the two companies secretly agree to a coordinated increase in their prices for cell phone minutes. This practice is known as antitrust. collusion. tying. predatory pricing.

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