
Cartel
A cartel is a group of independent market participants who collaborate with each other and avoid competing with each other in order to improve their profits and dominate the market.
About Cartel
A cartel is a group of independent market participants who collaborate with each other and avoid competing with each other in order to improve their profits and dominate the market. They seek to limit competition, fix prices, and increase prices by creating artificial shortages through low production quotas, stockpiling, and marketing quotas. Cartel behaviors can be either legal or illegal, but jurisdictions frequently consider cartelization to be anti-competitive behavior, leading them to outlaw or curtail cartel practices. Anti-trust law targets cartel behavior in markets.
Next show
Leader Bank Pavilion
Boston, Massachusetts
Furnace Fest - 2 Day Pass - with Bring Me The Horizon, A Day To Remember, Motionless In White, and more
Four Chord Music Festival - 2 Day Pass - with Pierce The Veil, Knocked Loose, Mayday Parade, and more
Shaky Knees Presents: Cartel | 18+
