Clip 3: Raymond Learsy describes what economists refer to as price leadership by connecting the pricing behavior of OPEC to the strategic behavior of companies like Exxon Mobil. Explain this concept ...

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Eric's career includes extensive work in both public and ...

The term “algorithmic collusion” can refer to a number of distinct but overlapping ways in which pricing algorithms allow competitors to undermine price competition: autonomous algorithmic collusion, ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Gordon Scott has been an active investor and technical analyst ...

AI-driven pricing models, particularly those utilizing reinforcement learning (RL), can lead to outcomes resembling traditional collusion, fundamentally altering market dynamics. Unlike human-set ...

Abstract: Although wind power generation has extended a maturity in technology, there are still many concerns regarding the optimal support of regulatory bodies for renewable resources. In this ...

Retail market structure refers to the number of companies that sell similar or identical products in the same geographical area. An oligopoly describes a small group of companies that collude to raise ...

ISLAMABAD: Chairman National Accountability Bureau (NAB), Lieutenant General Nazir Ahmed Butt (Retd), has termed collusive practices in public procurement as “mega crimes against the economy” and ...

If the handful of companies controlling a market — say, gasoline — could meet in a ‘smoke-filled room’ and agree on price strategy, the result would likely be higher prices at the pump, higher profits ...

Andrew Spence is a veteran financial services executive and the author of Fleeced: Canadians Versus Their Banks, published by Sutherland House. Canada has one of the most uncompetitive banking systems ...

As the industry reels from The Competition Commission of India’s (CCI) raids on the offices of global advertising giants like GroupM, Publicis, Dentsu, and Interpublic Group (IPG) over the last three ...