My understanding is that collusion among competitors is illegal (although I’m not a lawyer). I was referring instead to the prisoner’s dilemma that Bruce Greenwald discusses in Competition Demystified. In theory, competitors, like prisoners who are pitted against one another to rat on one another, are usually better off cooperating rather than turning against each other.
My understanding is that collusion among competitors is illegal (although I’m not a lawyer). I was referring instead to the prisoner’s dilemma that Bruce Greenwald discusses in Competition Demystified. In theory, competitors, like prisoners who are pitted against one another to rat on one another, are usually better off cooperating rather than turning against each other.