Friday, July 27, 2018

NPR Notícias de negócios: How Economists Fought Back Against Senegal's Septic Cartel

How Economists Fought Back Against Senegal's Septic Cartel
Competition between companies is supposed to keep prices down. But sometimes the companies stop competing and start colluding to keep prices high. That's a cartel. So how do you stop it? In this case from Dakar, Senegal, a group of economists used text messages and clever design to break up a cartel for an essential service with health implications for many: septic hauling.

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