{"id":515,"date":"2015-01-18T00:18:12","date_gmt":"2015-01-18T00:18:12","guid":{"rendered":"http:\/\/competition.lawlegal.eu?p=515"},"modified":"2015-01-18T00:18:12","modified_gmt":"2015-01-18T00:18:12","slug":"cartel","status":"publish","type":"post","link":"https:\/\/competition.lawlegal.eu\/2015\/01\/18\/cartel\/","title":{"rendered":"Cartel"},"content":{"rendered":"<h1>Cartel<\/h1>\n<h2>Cartel in the European Union Law<\/h2>\n<p>Concept of Cartel provided by the &#8220;Glossary of terms used in EU competition policy&#8221; (Antitrust and control of concentrations, published in 2002): Arrangement(s) between competing firms designed to limit or elimi-nate competition between them, with the objective of increasing prices and profits of the participating companies and without produc-ing any objective countervailing benefits. In practice, this is generally done by fixing prices, limiting output, sharing markets, allocating customers or territories, bid rigging or a combination of these specific types of restriction. Cartels are harmful to consumers and society as a whole due to the fact that the participating companies charge higher prices (and earn higher profits) than in a competitive market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cartel in the European Union LawConcept of Cartel provided by the &quot;Glossary of terms used in EU competition policy&quot; (Antitrust and control of concentrations, published in 2002): Arrangement(s) between competing firms designed to limit or elimi-nate competition between them, with the [&#8230;]<\/p>\n","protected":false},"author":2390,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59,196],"tags":[199],"_links":{"self":[{"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/posts\/515"}],"collection":[{"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/users\/2390"}],"replies":[{"embeddable":true,"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/comments?post=515"}],"version-history":[{"count":0,"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/posts\/515\/revisions"}],"wp:attachment":[{"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/media?parent=515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/categories?post=515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/competition.lawlegal.eu\/wp-json\/wp\/v2\/tags?post=515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}