Most cartels end or cease to be effective because:
A)of enforcement of antitrust legislation.
B)of the incentive to cheat on the cartel agreement.
C)the dominant member firm buys out the other firms.
D)consumers discover the cartel agreement and buy instead from other firms.

Question

Quizplus · Accepted Answer

Cartels are inherently unstable because each member has an incentive to cheat on the cartel agreement.

Most Cartels End or Cease to Be Effective Because