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AIUI antitrust also covers cartels, e.g. this one from the early 20th century controlling lightbulbs: https://en.wikipedia.org/wiki/Phoebus_cartel https://en.wi
by nitrogen 5y ago
AIUI antitrust also covers cartels, e.g. this one from the early 20th century controlling lightbulbs: https://en.wikipedia.org/wiki/Phoebus_cartel https://en.wikipedia.org/wiki/Phoebus_cartel
- SahAssar 5y agoIsn't a cartel a type of threat to competition via monopoly? The wikipedia first-line definition of a cartel is "A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market". The monopoly in that case is by the group.
- nitrogen 5y agoIt seems like a cartel can form without having a collective monopoly. It's the collusion that's problematic, not the combined percentage.
- roywiggins 5y agoThere's no Kape cartel if they just own lots of brands, Kape can't collude with itself...