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My view of cartels matches non-academic reality. Here's one: OPEC here's a non-member ( which is basically a cartel by itself) fucking it for them: US Here'
by notyourday 9y ago
My view of cartels matches non-academic reality. Here's one:
OPEC
here's a non-member ( which is basically a cartel by itself) fucking it for them:
US
Here's another cartel:
Siemens and Mitsubishi Heavy Industries
Here's a competitor: Hyundai Heavy Industries
When real world meets economic studies, economic studies get clobbered
- yequalsx 9y agoYou wrote: If there was there would be a competing cartel as it is the case everywhere. Providing two examples of where there are competing cartels is not an argument that this phenomenon occurs everywhere (emphasis originally yours). Your logic is off.
- notyourday 9y agoname other cartels and i will provide their competitors