Economics A-Level
Collusive oligopoly
What Collusive oligopoly means in Economics A-Level, as defined for AQA.
Definition of Collusive oligopoly
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Reference: AQA
A market where rival firms cooperate to restrict competition, maximise joint profits, and reduce uncertainty.
Topics that use Collusive oligopoly
- Oligopoly (AQA A-Level)
Related terms
- Barriers to entry
- Cartel
- Cartels
- Collusion
- Concentration ratio
- Concentration ratios
- Cooperation
- Dynamic efficiency
Using Collusive oligopoly in the exam
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