Answer:
price fixing
Explanation:
Collusion is a secret agreement between business rivals that aim at eliminating competition among them. Collusion is sometimes illegal. Companies conspire to work together to gain unfair advantage in the market.
Price fixing is a common form of collusion. Businesses agree to set prices at a specific level that would guarantee maximum profits for each party. Price fixing occurs when there few supplies in the markets such as a duopoly.
