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31 Ιουλ 2023 · The legal definition of a cartel differs from the economic definition on several important points. In economics, collusion takes place when firms coordinate their prices or quantities, whereas in a legal context collusion covers all types of cooperation between firms that legally fulfil the criteria for being a restrictive agreement according ...
In pursuit of detailed analysis of conceptualisation of cartel and clear definition thereof, the monograph analyses scientific manuscripts and economic papers, as well as legal documents in order to reach deep understanding and give a clear definition of the concept of cartel.
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.
22 Οκτ 2020 · Cartel formation can be assertive or defensive in impulse. Cartel disintegration can be caused by more than members’ opportunism; external economic or political pressure; changes in the international status quo; loss of support from other sectors in the economy may also trigger change.
A cartel is an association of independent businesses for the purpose of regulating trade in an industry. This paper focuses on international cartels (ICs). It examines the relation between international cartels and multinational enterprises (MNEs). There are three important reasons for studying ICs.
This chapter provides a selective review of economic theory and experimental evidence on cartels and collusion. In particular, it highlights the role of incentives in collusion and cartel formation and identifies conditions that are conducive to collusive behavior.
16 Σεπ 2016 · Business cartels are an example of corporate and economic crime that entail collusion between competitors to fix prices, divide markets, or rig tendering procedures (Friedrichs 2010; Stewart 2007; Geis 1987). Cartels initially enable firms 1 to minimalise uncertainties and the risks of a competitive market.
