This blog post explains the concept of cartels in sociology, including their characteristics, functions, and impact on society. It discusses the collusion, price fixing, market allocation, and shared control that define cartels. The post also explores the functions of cartels, such as market domination, profit maximization, stability, and reduced competition. Additionally, it examines the impact of cartels on society, including economic inequality, consumer exploitation, market distortion, and legal and ethical issues. Sociologists and policymakers can use this information to address these challenges and promote fair and competitive markets.