Name: Lecture 15: Implicit Cartels
Uploaded: 2026-05-18T16:01:34Z
Duration: 1 h 21 min 18 s
Description: In this lecture, Ian Ball discusses cartels, groups of independent market participants who collaborate with each other and avoid competing with each other in order to improve their profits and dominate the market. OPEC is a classic example.

1:21:18

In this lecture, Ian Ball discusses cartels, groups of independent market participants who collaborate with each other and avoid competing with each other in order to improve their profits and dominate the market. OPEC is a classic example.