Social Sciences and the Law

Are cartels legal?

Link to this answer

CloseClose

Link to this answer

Share this credible answer with others. Simply paste this code into your blog or Web page:

<a href="http://qanda.encyclopedia.com/question/cartels-legal-116792.html" >Are cartels legal?</a>
E-mail this answer Link to this answer

The existence of cartels is in opposition to classic theories of economic competition and the free market, and they are forbidden by law in many nations. In Germany, however, by the outset of World War II, nearly all industry was controlled by cartels closely supervised by the government.

Answer verified with
Get more facts and information about cartel . Or, view the full encyclopedia entry from The Columbia Encyclopedia, Sixth Edition.

Similar questions: When was Germany's industry controlled by cartels? What countries allow cartels? Why are cartels forbidden by law? [ Hide these questions ]

Related research questions

Related research articles

The law is a cartel. (legal profession in England undergoes changes) (editorial)
Magazine article from: The Economist (US) The law is a cartel JOHN EVELYN'S diary, November...imminent green paper on the legal profession is said to encompass...will be welcome. England's legal profession - Scotland is different...has been keen to subsidise legal services, all but the richest...
RealNetworks countersues DVD 'cartel'.(LEGAL MATTERS)
Newspaper article from: The Online Reporter ...conspired to eliminate competition and stifle DVD fair use. The legal action comes as a counterclaim against the association and the...mentioned or pressed until the studios sued. "Without this illegal cartel, RealNetworks and others would be able to compete to provide...
Brussels Threatens Vitamins Cartel With Legal Action.(Brief Article)
Magazine article from: Chemical Week ...European Commission has issued a statement of objections--a formal warning of legal proceedings--to the 13 companies that took part in a worldwide vitamins cartel from 1990 to 1999. The companies are Rocher; BASF; Aventis, then Rh[hat...
Shell, Dow, Unipetrol appeal against rubber cartel fines; Legal appeal is...
Magazine article from: European Rubber Journal ...the EU's second-highest court. The spokesman for Shell added that Shell Nederlands has admitted participation in the cartel, but said the company is appealing against the size of the fine, not against the judgement of guilt. The spokesman said Shell...
Atlantic alliance. (planned partnership between the world's two largest...
Magazine article from: U.S. News & World Report ...the world's largest international airline, and American, the world's second- largest carrier, are creating "a legal cartel," says Virgin Atlantic boss Richard Branson. "Fares will rise and the quality of service ... will fall. This...
See all results at HighBeam

HighBeam gives you access to newspaper, magazine, and trade journal articles plus press releases, facts, information, and biographies from thousands of sources.