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Cartels explained in 6 minutes

Cartels secretly manipulate markets at the expense of consumers, businesses and societies. They increase prices, rig markets, and limit competition, leading to bigger costs, lower quality, and fewer choices. In this video, Maria Pilar Canedo (Academic Director of the OECD-GVH Regional Centre for Competition), Marcelo Guimarães and Beatriz Marques (Competition Experts, OECD Competition Division) show how cartels operate (even with algorithms) and explain why enforcement is crucial for fair markets and consumer trust.