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- Dictionarycartel/kɑːˈtɛl/
noun
- 1. an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition: "the Colombian drug cartels"
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May 19, 2023 · A cartel is a group of producers who collude to control supply or prices of a good or service. Learn how cartels operate, what types of agreements they make, and how they affect consumers and markets.
A cartel is a combination of independent businesses or political groups for common action, often to limit competition or fix prices. Learn the origin, synonyms, examples, and related words of cartel from Merriam-Webster dictionary.
A cartel is a group of similar companies or countries who agree prices between them to increase profits and limit competition. Learn more about the meaning, usage and history of cartel with Cambridge Dictionary.
A cartel is a group of independent market participants who collude with each other as well as agreeing not to compete with each other [1] in order to improve their profits and dominate the market.
A cartel is a group of similar companies or countries who agree prices to increase profits and limit competition. Learn more about the meaning, usage and pronunciation of cartel, and see examples and translations in different languages.
noun. an international syndicate, combine, or trust formed especially to regulate prices and output in some field of business. Synonyms: combination, merger, monopoly. a coalition of political or special-interest groups having a common cause, as to encourage the passage of a certain law.
A cartel is a group of separate companies that agree to fix prices and not compete with each other to increase profits. Learn more about the meaning, pronunciation, usage and synonyms of cartel with Oxford Advanced Learner's Dictionary.
