A good example of the Cartelisation of the telecom industry in India by its private players. > What is a Cartel? > Cartel is defined in section 2, clause (c)

A good example of the Cartelisation of the telecom industry in India by its private players. > What is a Cartel? > Cartel is defined in section 2, clause (c) of The Competition Act, 2002: > “Cartel” includes an association of producers, sellers, distributors, traders or service providers who, by agreement amongst themselves, limit, control or attempt to control the production, distribution, sale or price of, or, trade in goods or provision of services;’ > Cartels are agreements between enterprises (including a person, a government department and association of persons / enterprises) not to compete on price, product (including goods and services) or customers. The Act gives a detailed definition of an enterprise in section 2 (h). The objective of a cartel is to raise price above competitive levels, resulting in injury to consumers and to the economy. For the consumers, cartelisation results in higher prices, poor quality and less or no choice for goods or/and services. Source: https://taxguru.in/corporate-law/provisions-relating-to-cartels-under-competition-act-2002-faqs.html https://taxguru.in/corporate-law/provisions-relating-to-cart...