In Wake of European Commission Fines on Carmakers, Economists Assess the Societal Cost of Corporate Collusion on Emissions Technology
University at Albany, State University of New YorkThere are several ways for a business to make a dollar, and an often illegal one is collusion among corporations. But the usual practice is an agreement to keep prices high or quantities low. Less investigated, however, is collusion on non-compliance of regulations — and in the auto industry, those often mean environmental regulations.