Crisis Cartel

Crisis cartel in Global Commerce Policy

In this regard, crisis cartel is: also known as emergency cartel, rationalization cartel, depression cartel and similar names. This is a form of industry cooperation available in abnormal circumstances under some antitrust laws. Conditions for its use tend to include factors such as a permanent and severe decline of an industry, the promise of efficiency gains which are in the public interest and the assumption that the improvements would not be attainable through other means. See also cartel and failing-firm doctrine.[1]

Crisis cartelin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Crisis cartel” entry (OAS)

See Also