Explain the Difference Between a Cartel and Tacit Collusion

question 96

Essay

Explain the difference between a cartel and tacit collusion.Is tacit collusion illegal in the United States? Explain.

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Definitions:

Compulsions

Repetitive behaviors or mental acts that a person feels driven to perform in response to an obsession or according to rules that must be rigidly applied.

DSM I

The first edition of the Diagnostic and Statistical Manual of Mental Disorders, published by the American Psychiatric Association to standardize psychiatric diagnostic criteria.

1942

A year notable for events in World War II, including the Battle of Midway and the internment of Japanese Americans.

DSM-IV-TR

The Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, Text Revision; a manual published by the American Psychiatric Association detailing diagnostic criteria for mental disorders.