Source: Ludwig von Mises Institute
by Stanisław Wójtowicz
“Anarcho-capitalism is a libertarian project of a stateless order in which private companies would be responsible for providing security, law, and dispute resolution. In previous articles, I briefly described the most important doubts about the feasibility of such an order and analyzed the most widespread concern, which is that agencies will not cooperate with each other. We now move on to another objection to anarcho-capitalism, which suggests that private security agencies (PDAs), instead of competing with each other, would form a cartel. The effects of cartelization can be twofold: first, colluding agencies may inflate prices and lower the quality of security; second, the cartel could, in the long run, transform into a state.” (09/29/25)
https://mises.org/mises-wire/does-cartelization-threaten-feasibility-anarcho-capitalism