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Which of the following statements are true?

 
 
 
 
 
 

This is exactly the definition of a ban on cartels as discussed in the lecture on competition policy.

 
 

This is true. As in most legal processes concrete evidence is needed to punish cartels.

 
 

This is correct. A ban on cartels implicitly means banning monopoly profits because the cartel aims to achieve monopoly profit (i.e. the highest profit possible in the market).

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