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utherpendragon

(15 posts)

5. What is a cartel?

Reply to Escape (Reply #4)

Fri Jan 9, 2026, 10:47 AM

Friday

Wikipedia definition, first paragraph:

A cartel is a group of independent market participants who collaborate with each other and avoid competing with each other in order to improve their profits and dominate the market. They seek to limit competition, fix prices, and increase prices by creating artificial shortages through low production quotas, stockpiling, and marketing quotas.

That's very interesting from a certain point of view.

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