Briefly explain categorically the conditions that are conducive to 'Cartelization'.
CS Executive · Economic and Commercial Laws · PYQS · June 2018
Briefly explain categorically the conditions that are conducive to 'Cartelization'.
Answer & Explanation:
Some of the conditions that are conducive to 'Cartelization' are: High concentration - few competitors High entry and exit barriers Homogeneity of the products (similar products) Similar production costs Excess capacity High dependence of the consumers on the product History of collusion
Topics: Competition Law
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