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Line 1: − Conservapedia will '''drown''' in vandalism! − <div style="text-align:center">I'm a conservative Republican that lives in Pennsylvania. I attended Glenn Beck's rally in Washington, D.C.</div> − <span style="text-decoration:blink; font-size:20px">{{PAGENAME}} has been vandalized by Willy on Wheels!</span><div style="text-align:center">I'm a conservative Republican that lives in Pennsylvania. I attended Glenn Beck's rally in Washington, D.C.</div> − <span style="text-decoration:blink; font-size:20px">{{PAGENAME}} has been vandalized by Willy on Wheels!</span><div style="text-align:center">I'm a conservative Republican that lives in Pennsylvania. I attended Glenn Beck's rally in Washington, D.C.</div> − <span style="text-decoration:blink; font-size:20px">{{PAGENAME}} has been vandalized by Willy on Wheels!</span> − − + − + − [[Category:Pages vandalized by Willy on Wheels]]
Undo revision 908776 by AznBurger (talk)
A '''cartel''' is an agreement among two or more firms in the same industry to co-operate in fixing prices and/or carving up the market and restricting the amount of output they produce. It is particularly common when there is an [[oligopoly]]. The aim of such collusion is to increase profit by reducing competition. Identifying and breaking up cartels is an important part of the competition policy overseen by [[antitrust laws]] in most countries, although proving the existence of a cartel is rarely easy, as firms are usually not so careless as to put agreements to collude on paper. The desire to form cartels is strong; however, most cartels are unstable.
A '''cartel''' is an agreement among two or more firms in the same industry to co-operate in fixing prices and/or carving up the market and restricting the amount of output they produce. It is particularly common when there is an [[oligopoly]]. The aim of such collusion is to increase profit by reducing competition. Identifying and breaking up cartels is an important part of the competition policy overseen by [[antitrust laws]] in most countries, although proving the existence of a cartel is rarely easy, as firms are usually not so careless as to put agreements to collude on paper. The desire to form cartels is strong; however, most cartels are unstable.
The [[21st century]] saw a rise in [[illegal drug]] and human [[slavery]] cartels, particularly in [[Mexico]].
The [[21st century]] saw a rise in [[illegal drug]] and human [[slavery]] cartels, particularly in [[Mexico]].
==See also==
==See Also==
* [[Gulf Cartel]]
* [[Gulf Cartel]]
[[Category:Economics]]
[[category:economics]]