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Understanding cartels and the competition commission of India

Finshots Daily

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Cartels and the Competition Commission of India

Cartels crop up when all the big players come together and collectively make decisions that benefit the group. When cartels dominate a market, consumers don't get the benefits of price discounts. So we have elaborate checks and balances in place to make sure cartels don't ruin our lives. These good people are tasked with regulating companies that indulge in anti comparative behavior.

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