What is a cartel and what prerequisites are required for a cartel to be successful

What is a cartel and what prerequisites are required for a cartel to be successful

What is a cartel and what prerequisites are required for a cartel to be successful CartelsWhat is a cartel and what prerequisites are required for a cartel to be successful? How do theseprerequisites apply to labor unions, OPEC, NCAA, AMA (American Medical Association), and the ABA(American Bar Association)? Do college accreditation agencies and textbook publishers act as cartels?What market structure would act as a counter-veiling power to cartels?

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