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Richard M. Boeckel, Editor
Cartelization vs. Free Competition
Conflicts of Opinion on Mertis of Cartels
International cartels have been condemned as breeders of war between nations, and have been praised as exemplars of international understanding and world cooperation. They have been accused of serving the political purposes of particular states, of serving no interest except their own, of usurping the sovereign functions of national governments. On the one hand it is asserted that they have enforced an economy of scarcity and exploited consumers everywhere; on the other hand, that they have ...