Prizate definition
Prizate announcements In the first case, announcements are di- rected to competitors only. To help fix ideas, think of a firm sending a fax to rivals where it is stated that from next month it intends to set a certain price. As K hn (200l) remarks, it is hard to imagine any e9ciency reason behind such announcements. Most likely, they just help rivals to coordinate on a particular collusive price, and therefore helps them collude by avoiding costly periods of price wars and price instability.