A cartel is an international syndicate or grouping of different organizations formed especially to regulate prices and output in some area, while a monopoly is usually one organization with exclusive control of a commodity or service in a particular market, or a type of control which makes possible the manipulation of prices.
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
Trusts and cartels were designed to avoid regulations and act as monopolies.
To prevent inflation growth.
because they were pussy's :)
The answer is true the anti trust act was the first Federal Statute to limit cartels and monopolies.
Antitrust ~ adj. Opposing or intended to regulate business monopolies, such as trusts or cartels, especially in the interest of promoting competition: antitrustlegislation, antitrust laws
One of the key legislations that strengthened federal laws against monopolies was the Sherman Antitrust Act of 1890. This act aimed to prevent the formation of monopolies or cartels that could restrain trade and limit competition. It prohibited any agreements or actions that would result in the restraint of trade or the monopolization of an industry.
Geographic monopolies occur when there is only one company that offers a particular good or service in an area. Technological monopolies occur when the good or service the company provides is has legal protection in the form of a patent or copyright.