When two or more businesses work together to remove their competition, set prices, and control distribution, it is called _________. collusion collusion Sherman Antitrust Act Sherman Antitrust Act fair competition fair competition price fixing
Collusion is when two or more businesses work together to remove their competition, set prices, and control distribution. Collusion means that the players in a competition decide upon one price and promise to abide by it. This way there is no cost cutting and market is equally divided between the players.
