Unformatted text preview: In some implicit or explicit forms cartels do exist in different parts of the world. Generally cartel organizations take undue advantages of the loopholes in the legal provisions. Cartels are theoretically akin to monopolies but in practice are far more menacing and damaging in effect....
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This note was uploaded on 11/26/2011 for the course ECONOMIC ec 201 taught by Professor - during the Fall '10 term at Montgomery.
- Fall '10