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Tacit collusion occurs when companies cooperate without a formal agreement, such as when one company adjusts their prices and the others follow suit. An example of this is the case of The Making of a Fly, which was priced at an astonishing $23,698,655.93 due to automated price setting.

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Fun Fact:

Tacit collusion occurs when companies cooperate without a formal agreement, such as when one company adjusts their prices and the others follow suit. An example of this is the case of The Making of a Fly, which was priced at an astonishing $23,698,655.93 due to automated price setting.

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