What are Cartels? (1 pt.)

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asked Aug 28, 2021 42.1k views

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Pawel Pabich · Answer 1 · 2021-09-01T01:43:52+0000

A cartel is a group of 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.

What are Cartels? (1 pt.)

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What are Cartels? (1 pt.)