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Decartelization

What's the definition?

Decartelization is the transition of a national economy from monopoly control by groups of large businesses, known as cartels, to a free market economy. This change rarely arises naturally, and is generally the result of regulation by a governing body.


A modern example of decartelization is the economic restructuring of Germany after the fall of the Third Reich in 1945.







The infomation above is licensed under the GNU Free Documentation License and is derived from The Free Encyclopedia.com


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