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cartel |
Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.09 sec. |
cartel Noun an association of competing firms formed in order to fix prices [German Kartell] Cartel political or economic combination between parties or business organizations; hence, the parties themselves. See also combine, syndicate. ThesaurusLegend: Synonyms Related Words Antonyms
An association of independent businesses organized to control prices and production, eliminate competition, and reduce the cost of doing business. |
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