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by 9rx 127 days ago
Cartels are not at odds with libertarianism. In fact, freedom of association is the fundamental underpinning of libertarianism. Unions are the libertarian solution to labour woes. Other groups normally favour regulation instead.

Libertarians don't have a theoretical problem with cartels because if a cartel tries to push for above-market prices, someone else will swoop in and start doing it for less, taking all the cartel customers with them.