If all the firms in an industry are charging the same price, is it fair to say that they are engaged in price
collusion? To what extent this might be a plausible explanation? Are there any other possible explanations? What type of market structure do you think is more conducive to firms engaging in price-fixing?
Click the following link to review a recent price-fixing case on bread: https://globalnews.ca/news/3998023/bread-price-fixing-scandal-competition-act-crimes/.
Conclude with a brief one-paragraph explanation of how the companies accused in the article engaged in the price-fixing scheme.
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