Abstract
Although collusive practices are not restricted to the economic relationships of a well-defined sub-group in society, it is common to use the term collusion in the context of cooperative activity between different firms. With regard to the study of collusion, research has centred on the conditions most conducive to collusion and, in both theoretical and empirical work on the operation of collusive arrangements (see Scherer 1980, Chaps. 6 and 7).
This chapter was originally published in The New Palgrave: A Dictionary of Economics, 1st edition, 1987. Edited by John Eatwell, Murray Milgate and Peter Newman
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Roberts, K. (1987). Collusion. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_22-1
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DOI: https://doi.org/10.1057/978-1-349-95121-5_22-1
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Publisher Name: Palgrave Macmillan, London
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