Question

Define collusive oligopoly

Answer 1

Dictionary of Business Terms for:collusive oligopoly. collusive oligopoly. industry containing few producers (oligopoly), in which producers agree among one another as to pricing of output and allocation of output markets among themselves. cartel, such as OPEC, are collusive oligopolies.

Answer 2

collusive oligopoly =. industry containing few producers (oligopoly), in which producers agree among one another as to pricing of output and allocation of output markets among themselves. cartel, such as OPEC, are collusive oligopolies.