4 ms·
Isn'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 parti
by SahAssar 5y ago
Isn'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...