Question: 2. Explain generally (i) to what extent collusion/ cooperation between the firms can be sustained, (ii) why collusion/ cooperation can create problems, and (iii) what

2. Explain generally (i) to what extent collusion/ cooperation between the

firms can be sustained, (ii) why collusion/ cooperation can create problems, and

2. Explain generally (i) to what extent collusion/ cooperation between the firms can be sustained, (ii) why collusion/ cooperation can create problems, and (iii) what we can do about it. Provide two real world examples of collusion / cooperation among players and discuss the above issues briefly

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