Members of the california state legislature proposed just


Members of the California state legislature proposed (just this last year) to investigate whether or not oil companies in California were colluding on price. This suspicion was based on the their observation the when the price of oil changed, the price of gasoline at all stations across all brands seem to vary almost exactly the same. Further, service stations always seem to have very similar prices. What would you advise the legislature?

Request for Solution File

Ask an Expert for Answer!!
Project Management: Members of the california state legislature proposed just
Reference No:- TGS02228647

Expected delivery within 24 Hours