Well I guess I thought we could be more collusive and kind of work together, but I guess not.
我觉得我们本可以团结合作的,但是我看在这个博弈中不行
So it's going to be pretty difficult for us to sustain this joint monopoly output, this collusive agreement.
因此说想要通过私下协议来,维持垄断产量,是非常困难的
So there are various reasons why it's hard to maintain this collusive agreement.
这样的私下协议难以维系,是有多方面原因的
We know the early example in sort of Golden Age America, but where else did we see a competitive fringe enter when there was a collusive agreement to keep quantities down?
我们知道美国全盛时期有这样的先例,还有什么行业原来也有产量协议,但新公司进入后却导致协议瓦解呢
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