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How was the agreement enforced? O The cartel members that deviated from the agreement were forced to sell LCD products to the other participants at
How was the agreement enforced? O The cartel members that deviated from the agreement were forced to sell LCD products to the other participants at below-agreement prices to compensate for the lost profits that these participants suffered as a consequence of the deviations. O The cartel members enforced the agreement through buyback programs in which cartel members that did not enforce the agreement, had to purchase LCD products from the other firms paying them price differential that would have existed if they had followed the agreement. O When a cartel member failed to enforce the agreement, the other members would put pressure on it. Further, the members established a communication line to prevent undercutting
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