Problem

Domestic cartel

Nature:

The cartel is a form of monopolistic agreement among companies, usually belonging to one economic sector, for the purpose of extracting monopolistic profits through quotas regulating the volume of production and of products marketed for all its basic participants.

Related Problems:
Monopolies
Aggravates:
Price fixing
Strategies:
Using cartels
Values:
Cartel
Subject(s):
Commerce Conditions of trade
Related UN Sustainable Development Goals:
GOAL 10: Reduced Inequality
Problem Type:
D: Detailed problems
Date of last update
16.06.2019 – 19:35 CEST