What is the difference between collusive and syndicated oligopoly and thier example
Jashwanth S
CMA Inter
★ 2K+
28-Sep-20 10:52
331
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.