Instructions for Cartel Formation

You are now in the Cartel Formation stage of the game's first round.

In this stage, you have the option to form an illegal cartel with the other two firms in your market. If a cartel is formed, a chat window will open, allowing you to communicate on what quantity to set in the next stage. This chat window will be open for 1 minute in the first round, and then 30 seconds in subsequent rounds. All three firms must choose to form the cartel for the chat to become available. When a cartel has been formed, it remains active until the game ends or until it is discovered by the competition authority.

It is important to keep in mind that forming the cartel is illegal, and bears a certain risk. If a cartel is formed, there is a 15% chance that it is discovered by a competition authority. If a cartel is discovered, the firms are fined