Category:Cartel: Difference between revisions
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A cartel is [[production]] without competition. It exists when an [[organisation]] of [[producer|producers]] have established itself as the unique provider of [[commodities]] to a given market. A secret cartel maintains the illusion of competiton and is engaged in collusion. | A cartel is [[production]] without competition. It exists when an [[organisation]] of [[producer|producers]] have established itself as the unique provider of [[commodities]] to a given market. A secret cartel maintains the illusion of competiton and is engaged in collusion. | ||
A cartel can be a [[guild]]. | |||
[[Category:Organisation]][[Category:Producer]][[Category:Monopoly]] | [[Category:Organisation]][[Category:Producer]][[Category:Monopoly]] | ||
Latest revision as of 18:46, 31 December 2010
A cartel is production without competition. It exists when an organisation of producers have established itself as the unique provider of commodities to a given market. A secret cartel maintains the illusion of competiton and is engaged in collusion.
A cartel can be a guild.
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