anti competitive association crossword clue – All Crossword Answers

Welcome! If you're tackling the clue "anti competitive association", you've come to the right place. Below, you'll find all possible solutions to help you complete your crossword puzzle, organized by letter count for your convenience.

Solutions for "anti competitive association crossword clue" by Letter Count

5 Letters

TRUST: An illegal combination of corporations or firms formed to monopolize or control a market.

6 Letters

CARTEL: An association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition.

8 Letters

MONOPOLY: Exclusive control of a commodity or service in a particular market, often achieved through anti-competitive practices.

fungicide, an illegal combination of companies for exclusive control.

More About "anti competitive association crossword clue"

The clue "anti competitive association" often points towards terms used in economics and business law. These types of associations are typically formed to reduce or eliminate competition in a specific market, allowing the members to control prices, allocate territories, or restrict supply. This ultimately harms consumers by limiting choice and driving up costs. Understanding these economic concepts is key to solving such clues.

Historically, "trusts" were significant in the late 19th and early 20th centuries in the United States, leading to anti-trust legislation aimed at breaking up powerful monopolies. Today, "cartels" are perhaps more widely recognized, often operating internationally, such as OPEC (Organization of the Petroleum Exporting Countries), which manages oil supply and pricing among its member nations, though its legality is debated under different national laws.

When you encounter this clue, consider the context of the puzzle. Is it a general knowledge crossword? Or does it lean more towards business or legal terminology? The surrounding letters and clue difficulty can often help narrow down whether the answer is a broad term like MONOPOLY or a more specific one like CARTEL or TRUST.

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Frequently Asked Questions

What is the difference between a cartel and a trust?

A cartel is typically a formal agreement among competing firms to fix prices, limit output, or allocate markets. A trust, historically, referred to a legal arrangement where shareholders of various companies transferred their shares to a board of trustees, creating a unified corporate entity that effectively controlled a significant portion of an industry.

Are anti-competitive associations legal?

No, in most developed economies, anti-competitive associations like cartels and trusts are illegal under antitrust or competition laws. These laws are designed to promote fair competition and protect consumers from practices that could lead to higher prices or reduced quality and innovation.

How can I identify an economic term in a crossword clue?

Look for keywords like "market," "economy," "industry," "commerce," "trade," "finance," or specific actions like "controlling prices," "limiting supply," or "eliminating competition." These often signal an economic answer. Additionally, the overall theme of the puzzle or other clues might provide hints.