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4.1.2 Seller's profile The furniture manufacturers were cartelized. and so were the furniture retailers. The cartels gave the manufacturers and retailers market power against the consumers,helping them realize high prices Besides,by engaging in exclusionary contracts,the manufacturers and retailers were able to foreclose potential entry. 2003-11-252003-11-25 4.1.2 Seller’s profile The furniture manufacturers were cartelized, and so were the furniture retailers. The cartels gave the manufacturers and retailers market power against the consumers, helping them realize high prices. Besides, by engaging in exclusionary contracts, the manufacturers and retailers were able to foreclose potential entry
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