Cartel

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Revision as of 12:42, 22 January 2014 by imported>Doug Williamson (Wiki/Gloss Law/Fin Reg check - added 1 line space before see also and added Regulation and law category)

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A group of firms which collectively agree to fix their selling price or output or market share.

This is a breach of the law in most developed legal systems.

See also

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Compliance and audit

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