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All mature markets become cartels. The illusion of a free market is maintained to ensure monopoly are not formed but almost all mature markets are some form car
by kinnth 8y ago
All mature markets become cartels. The illusion of a free market is maintained to ensure monopoly are not formed but almost all mature markets are some form cartel.
- Gibbon1 8y agoI remember as a kid reading The Pearl by John Steinbeck. I didn't forget the part where all the buyers in the town were part of a cartel. It's a given that eventually established businesses will start to collude with each other.