A report on Monopoly and Cartel

This 1879 anti-monopoly cartoon depicts powerful railroad barons controlling the entire rail system.
Headquarters of the Rhenish-Westphalian Coal Syndicate, Germany (at times the best known cartel in the world), around 1910
Surpluses and deadweight loss created by monopoly price setting
The printing equipment company American Type Founders (ATF) explicitly states in its 1923 manual that its goal is to "discourage unhealthy competition" in the printing industry.
A 1902 anti-monopoly cartoon depicts the challenges that monopolies may create for workers

Likewise, a monopoly should be distinguished from a cartel (a form of oligopoly), in which several providers act together to coordinate services, prices or sale of goods.

- Monopoly

Territorial cartels distribute districts of the market to be used only by individual participants, which act as monopolists.

- Cartel
This 1879 anti-monopoly cartoon depicts powerful railroad barons controlling the entire rail system.

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Judge Coke in the 17th century thought that general restraints on trade were unreasonable.

Competition law

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Field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies.

Field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies.

Judge Coke in the 17th century thought that general restraints on trade were unreasonable.
Elizabeth I assured monopolies would not be abused in the early era of globalization.
Senatorial Round House by Thomas Nast, 1886
There is considerable controversy among WTO members, in green, whether competition law should form part of the agreements
John Stuart Mill believed the restraint of trade doctrine was justified to preserve liberty and competition.
Paul Samuelson, author of the 20th century's most successful economics text, combined mathematical models and Keynesian macroeconomic intervention. He advocated the general success of the market but backed the American government's antitrust policies.
Robert Bork
Scottish Enlightenment philosopher Adam Smith was an early enemy of cartels.
The economist's depiction of deadweight loss to efficiency that monopolies cause

It is also known as "anti-monopoly law" in China and Russia, and in previous years was known as "trade practices law" in the United Kingdom and Australia.

prohibiting agreements or practices that restrict free trading and competition between business. This includes in particular the repression of free trade caused by cartels.