Cartel Prohibition

Cartel prohibition is a crucial aspect of competition policy that aims to prevent businesses from colluding to manipulate the market. When companies form a cartel, they may fix prices, limit production, or divide markets among themselves, undermining fair competition. This can lead to higher prices, reduced choices, and stunted innovation for consumers. By prohibiting such practices, authorities ensure that markets function effectively, promoting healthy competition which benefits everyone through better products and services at fair prices. Essentially, cartel prohibition helps maintain a level playing field in the economy.