[
UK
/kɑːtˈɛl/
]
[ US /kɑɹˈtɛɫ/ ]
[ US /kɑɹˈtɛɫ/ ]
NOUN
-
a consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service
they set up the trust in the hope of gaining a monopoly
How To Use cartel In A Sentence
- The party established a de facto political cartel that excluded other parties from power.
- I believe that in a free market without a competition law your worst nightmares would come true, that everything would be monopolised or cartelised.
- Roosevelt's National Recovery Act NRA attempted to cartelize the American economy just as Mussolini had cartelized Italy's. In the Monica Lewinsky scandal — 10 years old now — "Everybody lost, with one exception, or possibly two."
- This nation was founded on glorious greed, boundless carpetbaggery, corrupt cartels and an oligarchy of rich men whose "countrymen" were other rich men. SeekingAlpha.com: Home Page
- At least nine people have died in bomb attacks launched by the cartels since President Barco ordered the crackdown on the cocaine traffickers.
- The Japanese economy was then, and in many ways still is, highly "cartelized" in manufacturing, farming and trade. Jeff Schweitzer: China's Downfall: the Ultimate Impact of Environmental Degradation
- The Zetas were founded by Mexican special forces soldiers who deserted and went to work for the Gulf Cartel as enforcers.
- First, the influence of producer cartels on prices of primary products can be great, and yet not reflect scarcity changes.
- You have the balloon effect for shifting coca production, what I call the cockroach effect for how the cartels jump from one region to the next, and then there's the whack-a-mole policy to try to deal with all of it," says Bruce Bagley, a political scientist at the University of Miami and an expert on the global drug trade. Cocaine: The New Front Lines
- All this happened at a time when the supply of oil was being artificially restricted by the Opec oil cartel. Times, Sunday Times