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25 Νοε 2016 · A cartel is an agreement or a collective action to restrain reciprocal business activities among plural independent entrepreneurs competing in the same level of a business industry to prevent competition thereby securing extra profit.
Abstract: This article provides an overview on the rise and fall of cartels since the late 19th century when the modern cartel movement properly arrived with the rise of big business based on scale and scope.
A cartel is an association of independent businesses for the purpose of regulating trade in an industry. There are three important reasons for studying international cartels: they will become important in the future; they are of immense historical significance; and they are poorly understood.
31 Ιουλ 2023 · PDF | Several theoretical propositions suggest that changes in economic activity can explain the decision to form a cartel. The majority of the... | Find, read and cite all the research you...
The strategy of most major business firms has to take into consideration cartels. This article discusses how firms can expect to behave inside cartels (firms as unitary actors), and how cartels altered corporate strategy and organizational development (decision making and internal processes).
25 Νοε 2016 · A cartel is an agreement or a collective action to restrain reciprocal business activities among plural independent entrepreneurs competing in the same level of a business industry to prevent...
The objective of the article is to distinguish the factors, indicating higher risks of market exposure to cartelization and economic factors, evidencing cartel existence, and the theoretical findings apply to Lithuania, as the country of developing culture of competition.