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There are a lot of venues through which collusion has become legal. Management consulting, private equity investments, conferences etc.

The incentives to collude are powerful.



Management consulting is a big one. It's illegal for companies to all tell each other their prices and costs. What isn't illegal? Apparently each firm hiring McKinsey who will tell you what your competitors costs and prices are because they have "industry knowledge". They'll then share your information too and then everyone can largely figure out how they can set prices above their marginal costs with some nice padding. It's probably still illegal, but it's what these firms do.




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