Current Events > Why would businesses participate in a price-fixing scheme?

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SGT_Conti
12/20/17 10:29:39 PM
#1:


http://www.cbc.ca/beta/news/business/weston-loblaw-bread-price-fixing-1.4457061

Why didn't one of them undercut and just take in 100% of the profit
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NYmasajista
12/20/17 10:32:13 PM
#2:


Because they weren't planning on closing the business a year later. Price fixing allows them all to make more money year after year after year after year after...
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