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\nUnderstanding Collusion: Forms, Examples, and Implications\n

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\nThis video is a lecture presentation discussing the different forms of collusion in concentrated industries. The presenter explains overt and tacit collusion. The video also covers how cartels function to set prices and production...\nThis video is a lecture presentation discussing the different forms of collusion in concentrated industries. The presenter explains overt and tacit collusion. The video also covers how cartels function to set prices and production quotas, and the potential anticompetitive effects of collusion on consumers and competitors. The role of regulatory bodies in enforcing antitrust laws and incentivizing firms to avoid collusion is also discussed.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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13:54
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nKnowMo Economics\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
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Concepts

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economics, markets
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Additional Tags

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a-level, lectures, micro, imperfectly, compeitive, 7.3c, forms, of, collusion, regulatory bodies, paper trail, lecture presentation, production quota, supernormal profits, bad form, price leadership, tacit collusion, good form, firms work, overt collusion, cartel members, market price, agreement, form, hurt, world, influence, potentially, price, firm, level, quotas, higher, working, make, market, cartel
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Classroom Considerations

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Best For: Explaining a topic
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Educator Ratings

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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Understanding Collusion: Forms, Examples, and Implications\" href=\"/subscription/new\">\"Understanding\n\n
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