Cartels can detect cheating by

Question

Quizplus · Accepted Answer

Cartels can detect cheating by dividing the market according to the regions so that members of the cartel sell their goods only in designated regions. This can prevent a member from selling goods outside their region which can lead to undercutting prices and reducing the cartel's profits. Reporting to government authorities is not in the cartel's interest as they themselves are engaged in illegal activities. Keeping two sets of accounting books is a normal practice but it will not help in detecting cheating among the members of the cartel.

Cartels Can Detect Cheating by