Collusive agreements among competitors create unmitigated harm. When competitors agree to limit competition, i.e. to form economic cartels, the poor pay up to 50 percent more for essential goods, growth is stymied as competitiveness and productivity declines, and public policies become less effective. Such collusion undermines citizens’ trust in market economies and in the role of the private sector as an engine of growth. And yet, cartels are common...
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INFORMACIÓN
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2021/01/01
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Informe
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161436
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1
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1
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2022/02/07
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Disclosed
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Fixing Markets, Not Prices : Policy Options to Tackle Economic Cartels in Latin America and the Caribbean
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social and economic development