Examlex
The required attribute for a link is ____.
Cartel
A group of producers that agree to control prices and output levels to maximize collective profits, often at the expense of competition.
Industry Profits
The total earnings of companies within a particular sector, after subtracting the costs of production and operation.
Output
The total amount of goods or services produced by a firm or an economy.
Overt Collusion
Overt collusion occurs when companies openly agree on prices, production levels, or market shares, in violation of free-market principles and often against the law.
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