Cartel, Oligarchs, Politicians and Poor Citizens

Cartel, Oligarchs, Politicians and Poor Citizens

Earlier, the word "cartel" was associated with illegal businesses, but today, it has become a common occurrence in so-called legal businesses. In these cases, oligarchs join forces to fix prices and exploit customers. When corporate entities fund political parties, politicians become puppets, pledging allegiance to these organizations in their quest for power.

As citizens, we often feel helpless when paying for services. We are witnessing a cartel-like situation in sectors such as telecommunications and airlines, and we may soon see similar situations in many other industries where large entities buy out smaller competitors to eliminate competition.

One effective way to combat these situations in the future is to focus on supporting small businesses instead of large corporations. By doing so, we can help strengthen smaller players and prevent cash inflows to larger entities. If large corporations experience reduced revenue, they may find it challenging to fund elections and acquire smaller companies. By making this a part of our purchasing behavior, we can work towards preventing cartels and ultimately dismantling oligarchies in business.

M.L. Narendra Kumar

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