# Prof. David Yermack's research on the behavior of colluding firms is highlighted

1 Faculty News May 3, 2013 ![Strategy and Business logo](/sites/default/files/styles/246w/public/assets/images/con_032862.jpg?itok=iS64SU8w)>

Excerpt from [Strategy + Business](http://www.strategy-business.com/article/re00234?gko=61fbf) -- "How do firms that are breaking the rules try to cover up their tracks? According to a recent study, companies that are systematically involved in price fixing employ a variety of accounting and governance practices designed to throw off regulators and avoid liability."

[Read more](http://www.strategy-business.com/article/re00234?gko=61fbf)