mitikumekuriaw mitikumekuriaw
  • 31-10-2020
  • Business
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What are Cartels? (1 pt.)​

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ijimmyjohn
ijimmyjohn ijimmyjohn
  • 31-10-2020

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.

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