Cartel Essay Examples

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Antitrust practices

Antitrust practices are practices carried on by businesses that end up destroying perfect competition in the market. Antitrust laws are laws prepared to seek and promote healthy market competition by preventing anti-competitive practices by companies. Some of the illegal practices that constitute to antitrust behavior include corporate mergers, monopolies and price fixing conspiracies (Bailey, 2010)….

OPEC CARTEL

“OPEC As a CARTEL” There are two kinds of extreme market structure and they are perfect competition and imperfect competition. In a perfectly competitive market there are many numbers of sellers and many numbers of buyers selling and buying homogeneous products, therefore there is very little impact of a single buyer or seller changing the…

Antitrust Practices and Market Power

Apple was investigated, as well as several publishing companies for conspiring to keep e-book prices high. Amazon is the biggest retailer of e-books, and the publishing business has been thrown into chaos by the popularity of e-books. Publishing companies used the old publishing model of selling e-books like print books where the publisher sells the…

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Drug Trafficking in Mexico

Drug Trafficking in Mexico: Social, Ethical and Political Problem. Around 20 years ago in Mexico, reading about someone getting his or her head cut-off was something from a horror movie, but times have changed now. Now it is not uncommon to hear about shootings, massacres, or people getting dissolved in acid. Nowadays, reporters have to…

Has OPEC been a Successful Cartel?

A cartel is an organisation of producers grouped together for their own benefit. The most well known cartel in existence today is OPEC, Organisation of Petroleum Exporting Countries. Its members are some (but not all) of the most important oil producing countries including Saudi Arabia and Mexico. Most cartels try to raise prices at the…

Cartel and E-books

The article I selected concerns the upcoming antitrust trial of Apple for colluding with publishers to raise the price of e-books (Chen & Bosman, 2013). Why was the firm investigated for antitrust behavior? Apple was investigated, as well as several publishing companies for conspiring to keep e-book prices high. Amazon is the biggest retailer of…

American monopolies

This short article by Douglas A. McIntyre paints a very good picture of how many of the American Technologies companies are pure monopolies within this industry. McIntyre opens this article by saying “A monopoly is either what the government says it is or what a dominant company’s competitors claim. The Governments opinion is the only…

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