Cartel: Unveiling the Hidden World of Cartels, Secrets, Strategies, and Empowering Consumers

· Economic Science Book 185 · One Billion Knowledgeable
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227
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Eligible
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About this ebook

What is Cartel

A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market. A cartel is an organization formed by producers to limit competition and increase prices by creating artificial shortages through low production quotas, stockpiling, and marketing quotas. Cartels can be vertical or horizontal but are inherently unstable due to the temptation to defect and falling prices for all members. Additionally, advancements in technology or the emergence of substitutes may undermine cartel pricing power, leading to the breakdown of the cooperation needed to sustain the cartel. Cartels are usually associations in the same sphere of business, and thus an alliance of rivals. Most jurisdictions consider it anti-competitive behavior and have outlawed such practices. Cartel behavior includes price fixing, bid rigging, and reductions in output. 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.


How you will benefit


(I) Insights, and validations about the following topics:


Chapter 1: Cartel


Chapter 2: Oligopoly


Chapter 3: International Air Transport Association


Chapter 4: United States antitrust law


Chapter 5: Price fixing


Chapter 6: Collusion


Chapter 7: Anti-competitive practices


Chapter 8: Competition law


Chapter 9: Decartelization


Chapter 10: Market power


Chapter 11: Market concentration


Chapter 12: Ultra-imperialism


Chapter 13: Lysine price-fixing conspiracy


Chapter 14: Economic law


Chapter 15: George W. Stocking Sr.


Chapter 16: State cartel theory


Chapter 17: Holm Arno Leonhardt


Chapter 18: Cartel theory


Chapter 19: Compulsory cartel


Chapter 20: Cartel seat (monument)


Chapter 21: Margaret Levenstein


(II) Answering the public top questions about cartel.


(III) Real world examples for the usage of cartel in many fields.


Who this book is for


Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Cartel.

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