A what is when a group of companies illegally work together and essentially create a monopoly in order to increase prices and their profits.

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asked Dec 24, 2020 16.9k views

1 Answer

Kcwu · Answer 1 · 2020-12-28T10:20:38+0000

A cartel is when a group of companies illegally work together and essentially create a monopoly in order to increase prices and their profits.