Do agents talk to competitors about new authors?

Do agents talk to competitors about new authors?

Jonny Geller (Managing Director - Curtis Brown (Books)) gives expert video advice on: What are literary agents looking for?; Do different agents specialise in different things?; Should I go for a well established agent or a smaller one? and more...

Literary agents don't really talk to each other. That's why I belong to a rather large agency, because I enjoy talking to other literary agents. I do see my competitors - there's an Agents' Association -at publishing dos, but it's not a collegiate business in that way.