Cartels with a large number of ﬁrms are likely to be more successful than cartels with a smaller number of ﬁrms.

Name: Cartels with a large number of ﬁrms are likely to be more successful than cartels with a smaller number of ﬁrms.
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Cartels with a smaller number of firms are easier to monitor and enforce, making them more likely to be successful. Larger cartels may face difficulties in coordinating and monitoring all members, leading to a higher likelihood of defection and collapse.

Cartels with a Large Number of ﬁRms Are Likely to Be