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Oligopoly

What is the difference between collusive and syndicated oligopoly and thier example


Jashwanth S

Jashwanth S

CMA Inter

2K+

28-Sep-20 10:52

16

Answers (1)

Syndicated refers to more like co-ordinated. For e.g A will supply oil to first flight and B will supply oil to second flight and so on. Collusive is kind of understanding - like we will not reduce the price below a certain level.


Suraj Lakhotia

Suraj Lakhotia

Admin

28-Sep-20 16:19

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