Quote:
Originally Posted by bduddy
Really? How do you plan out a strategy to balance on the coopertition bridge then? Or do you mean something else by "collusion"?
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I meant this:
col·lu·sion/kəˈlo͞oZHən/
Noun:
Secret or illegal cooperation or conspiracy, esp. in order to cheat or deceive others.
Such cooperation or conspiracy, esp. between ostensible opponents in a lawsuit.
(source Google dictionary feature)
If two companies get together and agree that they should work together cooperatively to reduce air pollution in their industry that is cooperation.
If the same companies agree that they are going to artificially lower prices for two years until they drive competitors out of business so that they can then raise prices, that is collusion.