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Author Question: Relative to explicit price fixing, with implicit price fixing: (Read 122 times)

james0929

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Relative to explicit price fixing, with implicit price fixing:
◦ consumers will pay higher prices.
◦ firms will find it more difficult to figure out why the price leader has set the price that it has.
◦ the reasons for the price leader's pricing strategy will be more clear and less ambiguous.
◦ firms face a higher risk of prosecution for antitrust violations.


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Marked as best answer by james0929 on Jul 20, 2019

spencer.martell

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james0929

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spencer.martell

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Great! Please up vote :D



 

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