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Categories: Commercial crimes Anti-competitive behaviour Cartels Imperfect competition |
Summary Of: CartelCartel members may agree on such matters as... although proving the existence of a cartel is rarely easy... the members of a cartel always have an incentive to deviate from their agreement which explains why cartels are generally... the incentives to form the cartel return and the cartel may be re... Whether the members of a cartel will choose to cheat on the agreement will depend on whether the short term returns... The longer the time firms in the cartel can cheat without detection... the easier for the members of the cartel to monitor the behaviour of other members... Similar cost structures by the firms in a cartel make it easier to co... it more difficult for the firms in the cartel to detect whether such changes are due to demand fluctuations or to cheating by another... then the firms in a cartel may have an incentive to undercut the price of other sellers and win the contract... but the effectiveness of cartel regulation and antitrust law in general is disputed by... the amount of fines for each type of cartel and a leniency policy by which if a firm in a cartel is the first... This mechanism has helped a lot in detecting cartel agreements in the EU... An example of a new international cartel is the one created by the members of the... is a cartel of companies that trade in rough diamond exploration...Encyclodia Page On: Cartel |
