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4 paragraph Discussion post

Date Posted: 11/07/2019
Category: Business
Due Date: 11/07/2019
Instruction
In America it is illegal, due to Antitrust Laws, for businesses to form cartels where industry leaders sit behind closed doors and try to rig the market. The government will try its best to break up a cartel. If cartels are to exist, then you will find them in Oligopolies. Before you start this discussion question you must listen to this podcast first about a cartel that was 'price fixing'. The link to the podcast is found via this link https://www.thisamericanlife.org/168/the-fix-is-in The podcast is about 50 minutes long. However, it is a fascinating true story and all my students always like it. As a matter of fact, it was so popular that they made it into Hollywood movie. In chapter 14 on page 276 in the book (the hardback book - I do not know the page number in the e-book) the book lists several obstacles to collusion. These obstacles are suppose to work so that the cartels break apart. To address this discussion question you must first listen to the podcast and then state whether any of the obstacles to cartels existed in this case. If they did exist, then how sever was the obstacle or how did the cartel get around it. Make sure you address each obstacle from the textbook. State why, in just a few sentences for each obstacle, the obstacle was or was not effective.
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academicminded 7 years, 2 months ago
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royvance 7 years, 2 months ago
Rated 9.46 earned 23513.53 around 727 assignments.
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