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https://en.wikipedia.org/wiki/Cartel https://en.wikipedia.org/wiki/Cartel Cartels are usually thought of as groups in the same market colluding, but it's not l
by hoorayimhelping 6y ago
https://en.wikipedia.org/wiki/Cartel https://en.wikipedia.org/wiki/Cartel
Cartels are usually thought of as groups in the same market colluding, but it's not limited to that. Two companies colluding not to compete in their respective markets is still a cartel.
- mmm_grayons 6y agoRight, but what was described is not collusion. It's just targeting a different market without much existing competition.