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  2. Dictionary

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    car·tel
    [kärˈtel]
    noun
    cartel (noun) · cartels (plural 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"
      • historical
        a coalition or cooperative arrangement between political parties intended to promote a mutual interest.
    Origin
    late 19th century: from German Kartell, from French cartel, from Italian cartello, diminutive of carta, from Latin carta (see card). It was originally used to refer to the coalition of the Conservatives and National Liberal parties in Germany (1887), and hence any political combination; later to denote a trade agreement (early 20th century).
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  3. People also ask
    What are some examples of cartels?What is an Example of a Cartel? Some examples of a cartel include: The Organization of the Petroleum Exporting Countries (OPEC), an oil cartel whose members control 44% of global oil production and 81.5% of the world’s oil reserves. How do cartels manipulate the economy?

    What is a cartel in economics examples? – Heimduo

    heimduo.org
    What are the most powerful cartels in the world?The Organization of Petroleum Exporting Countries (OPEC) is the world's largest cartel. It is a group of 13 oil-producing countries whose mission is to coordinate and unify the petroleum policies of its member countries and ensure the stabilization of oil markets. 3 OPEC's activities are legal because U.S. foreign trade laws protect it. 4

    What Are Cartels? How They Work, Examples, and Legality - Investopedia

    investopedia.com
    What do cartels do?Cartels are a partnership between two or more companies. The involved parties aim to control the market by altering the output of goods or services. Cartels can be both run both legally and illegally. Cartels usually exist in industries where few businesses offer the same product, and each business owns a large share of the market.

    What is a Cartel in Economics? | Cartel: Examples | Study.com

    study.com
    How do cartels impact the economy?Cartels operate at a detriment to the consumer in that their activities aim to increase the price of a product or service over the market price. Their behavior, however, is also adversely impactful in other ways. Cartels discourage new entrants into the market, acting as a barrier to entry.

    What Are Cartels? How They Work, Examples, and Legality - Investopedia

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  4. Merriam Webster
    https://www.merriam-webster.com/dictionary/cartel

    Cartel Definition & Meaning - Merriam-Webster

     
  5. Wikipedia
    https://en.wikipedia.org/wiki/Cartel

    Cartel - Wikipedia

  7. Investopedia
    https://www.investopedia.com/terms/c/…

    What Is a Cartel? Definition, Examples, and Legality

    WebMay 19, 2023 · A cartel is a collection of independent businesses or organizations that collude to manipulate the price of a product or service. Cartels are illegal in the United States and regulated by anti-trust laws. …

  8. Dictionary
    https://www.dictionary.com/browse/cartel

    CARTEL Definition & Meaning | Dictionary.com

  9. Cambridge Dictionary
    https://dictionary.cambridge.org/dictionary/english/cartel

    CARTEL | English meaning - Cambridge Dictionary

  10. Cambridge Dictionary
    https://dictionary.cambridge.org/us/dictionary/english/cartel

    CARTEL | definition in the Cambridge English Dictionary

  11. Collins Dictionary
    https://www.collinsdictionary.com/us/dictionary/english/cartel

    CARTEL definition in American English | Collins English Dictionary

  12. Oxford Learner's Dictionaries
    https://www.oxfordlearnersdictionaries.com/definition/english/cartel

    cartel noun - Definition, pictures, pronunciation and usage notes ...

  13. Dictionary
    https://www.dictionary.com/browse/ cartel

    Cartel Definition & Meaning | Dictionary.com

  14. The Free Dictionary
    https://www.thefreedictionary.com/cartel

    Cartel - definition of cartel by The Free Dictionary

  15. Vocabulary.com
    https://www.vocabulary.com/dictionary/cartel

    Cartel - Definition, Meaning & Synonyms | Vocabulary.com

  16. Britannica
    https://www.britannica.com/money/cartel

    Cartel | Price Fixing, Monopolies & Market Power | Britannica Money

  17. Oxford Learner's Dictionaries
    https://www.oxfordlearnersdictionaries.com/.../cartel

    cartel noun - Definition, pictures, pronunciation and usage notes ...

  18. Britannica
    https://www.britannica.com/topic/drug-cartel

    Drug cartel | Definition, Impact & History | Britannica

  19. Britannica
    https://www.britannica.com/dictionary/cartel

    Cartel Definition & Meaning | Britannica Dictionary

  20. Collins Dictionary
    https://www.collinsdictionary.com/dictionary/english/cartel

    CARTEL definition and meaning | Collins English Dictionary

  21. Your Dictionary
    https://www.yourdictionary.com/cartel

    Cartel Definition & Meaning | YourDictionary

  22. LII / Legal Information Institute
    https://www.law.cornell.edu/wex/cartel

    cartel | Wex | US Law | LII / Legal Information Institute

  23. Council on Foreign Relations
    https://www.cfr.org/backgrounder/mexicos-long-war...

    Mexico’s Long War: Drugs, Crime, and the Cartels

  24. Wikipedia
    https://en.wikipedia.org/wiki/Drug_cartel

    Drug cartel - Wikipedia

  25. Economics Help.org
    https://www.economicshelp.org/blog/glossary/cartels

    Cartel definition - Economics Help

  26. Merriam Webster
    https://www.merriam-webster.com/dictionary/cartelism

    Cartelism Definition & Meaning - Merriam-Webster

  27. The Hill
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