Conscious parallelism is not subject to antitrust laws because it is not considered explicit collusion.

Name: Conscious parallelism is not subject to antitrust laws because it is not considered explicit collusion.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Conscious parallelism refers to businesses making similar decisions and taking similar actions without any direct agreement or communication between them. While it may not involve explicit collusion, it can still be subject to antitrust laws if it leads to anticompetitive outcomes.

Conscious Parallelism Is Not Subject to Antitrust Laws Because It