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international cartel Quick reference
A Dictionary of Economics (5 ed.)
...international cartel A collusion or an explicit agreement among firms from two or more countries on prices, market shares, allocation of customers, division of profits, etc. with the purpose of increasing the profits of individual members by reducing competition. It is more likely to exist in an oligopolistic industry with homogenous output. International competition authorities forbid cartels. See also anti-competitive practice ; antitrust ; cartel...

international cartel

International Cartels Reference library
Harm G. Schröter
The Oxford Encyclopedia of Economic History
...cartels on paper and pulp, some of the tightest and most able organizations of their kind, were constructed with the help of German cartel specialists. Sophisticated cartels set down rules of accountance. Some cartels accumulated a “war chest” for internal or external punishment. Cartels that can count on one hegemon, defined by an unusually large quota or other abilities, used to be quite stable. In case of the international dyestuff cartel, IG Farben as the hegemon carried out all negotiations with outsiders and announced the results. International cartels...

Cartel Office

Bundeskartellamt

cartel

cross-shareholding

fixed commissions

competitive (and anti-competitive) behaviour

collusion

market failure

Organization of Petroleum Exporting Countries

treaty of Rome

competition

Belisario Betancur Cuartas

dawn raid

Leninism

monopoly

cartel Quick reference
A Dictionary of Economics (5 ed.)
...example by giving secret price discounts or covertly exceeding quota limits on output. Enforcement of cartel agreements is made more difficult if governments regard cartels as undesirable, and make the existence of the cartels or the policies they follow either illegal, or lawful but not legally enforceable. The Organization of Petroleum Exporting Countries is the most famous and the longest-surviving cartel of recent times. See also international cartel ; tacit collusion...

cartel Quick reference
A Dictionary of Finance and Banking (6 ed.)
... An association of independent companies formed to regulate the price and sales conditions of the products or services they offer. A cartel may operate nationally or internationally, although some countries, including the UK and the USA, have legislation forbidding cartels to be formed on the grounds that they are monopolies that function against the public...