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12 June, 20:39

Why are cartels difficult to Pope rage successfully

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  1. 12 June, 20:50
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    The answer is because a cartel is a group of an independent market participants who collude with each other in order to improve their profits and dominate the market. Cartels are usually associations in the same sphere of business, and thus an alliance of rivals. Most jurisdictions consider it anti-competitive behavior. Cartel behavior includes price fixing, bid rigging, and reductions in output. States that pursue economic interests may form cartels such as the Organization of the Petroleum Exporting Countries (OPEC). The doctrine in economics that analyzes cartels is cartel theory. Cartels are distinguished from other forms of collusion or anti-competitive organization such as corporate mergers. It is difficult for the pope to rage successfully
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