Rationalization cartel

The rationalization cartel is characterized by agreements that relate to economic processes. The aim of the contractual agreement of the merged companies is to save costs within these processes.

This type of agreement is not always covered by the ban on cartels. A distinction is made between simple and higher rationalization cartels, which are legally assessed differently.

Simple rationalization cartels - The simple variant is legally permissible. With it, a better supply of the consumers follows from the limited competitive situation. The simple rationalization cartel is allowed if it has been checked and approved by the competent authority.

Higher rationalization cartels - Rationalization cartels of the higher form are mostly found in economic fields in which Oligopolies are predominant.

For example, such a cartel exist when the participating companies make agreements on certain manufacturing and fit standards that put other companies at a disadvantage - if they manufacture goods in other shapes and sizes.

The benefit or advantage for the consumer that can still be found in the simple variant of the rationalization cartel is missing.

Was the explanation to "Rationalization cartel"Helpful? Rate now:

Weitere Erklärungen zu Mikroökonomie