corporate monopolies controls goods and services in a free market economy.
corporate monopolies controls goods and services in a free market economy.
who controls goods and services in a free market economy?
corporate monopolies
Na
Na
the general debate with decartelization is a national economy controlled by monopolies and cartels, versus a free market economy. with a free market economy, the pros are very clear. it encourages individual initiatives; it determines price of goods through competition, and motivates people to work towards financial independence. most individuals would prefer a free market economy, where there are many buyers and sellers in each market, and the prices are determined based on competition alone. the problem is, it is not up to the individuals. in most cases of cartels, these secret arrangements are done “under the radar”, and these major companies know how to cover their tracks. it is very difficult to prove that companies have formed a cartel; therefore it is very difficult to dismantle one.
decartelization