How cartels operate – and their impact on the people of Zimbabwe
How cartels operate – and their impact on the people of Zimbabwe According to the recently published Report Entrenching their patrons’ hold on power; Slowing down democratisation; Creating an uncompetitive business climate. This leaves Zimbabweans poorer, more severely underserved by their government and unable to hold the state to account. Cartels typically restrict supply, fix prices and terms of trade, assign members, customers or geographic locations to monopolies, and create syndicates. In Zimbabwe’s private sector, collusion is made easy through weak institutions that are unabl...
Source: msn.com