Which statement is false?

A) Oligopolies are illegal in most states.
B) Most oligopolies engage in outright collusion.
C) Ford Motor Company is an oligopoly.
D) None of these statements are false.

Oligopolies

Market structures characterized by a small number of firms controlling a large proportion of the market share, often leading to limited competition.

Outright Collusion

An explicit agreement among competitors to fix prices, output, or trading terms in the market, which is illegal in many jurisdictions.

Ford Motor Company

An American multinational automaker that was founded by Henry Ford and incorporated on June 16, 1903.