CARTELTRUSTIt can be formed easilyThe formation of the trust is a complicated matter Cartel is a horizontal type of combinationIts type is vertical. In the cartel, member firms possess separate entity and are free in their internal affairsIn the trust, central body is considered policy maker and the member firms are bound to execute the policy. Generally the members are not free in internal affairsAs distribution activities are performed collectively by its members, it can secure economies … [Read more...] about Differences between Cartel & Trust Form of Business