Is the Definition of a Cartel Ballooning?

Rein Wesseling, Dec 30, 2013

The media tend to refer to gangs that produce and distribute drugs as “cartels.” Of course these are not cartels as we, as antitrust lawyers, traditionally use the concept. In fact “drug cartels” seem to operate as businesses in the various regular forms we know: conglomerates, cooperatives, or “one-product firms.” Note, too, that the media habitually refer to rival drug cartels, meaning that these cartels are competing fiercely. S