Oligopoly question

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  • Created by: lyd_kate
  • Created on: 16-01-18 17:48
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  • When oligopolists collude, the results can be anti-competitive & against the consumer interest 
    • Taxes could be applied to profits to reduce prices, lower profit
    • Deregulation, removal of legal barriers to entry
    • Price regulation (max price diagram), consumer surplus

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