Tag: opec

Tag: opec

1 page tagged opec.

Pages

• Chapter 22: Collusion and Cartels — Economics 101

  Why oligopolists are tempted to coordinate prices, why coordination is illegal in the US, and why cartels — even OPEC — always teeter between cooperation and cheating.

Related tags

• collusion
• cartels
• antitrust
• price-fixing
• sherman-act
• market-power