cartel

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car·tel

 (kär-tĕl′)
n.
1. A combination of independent business organizations formed to regulate production, pricing, and marketing of goods by the members.
2. An official agreement between governments at war, especially one concerning the exchange of prisoners.
3. A group of parties, factions, or nations united in a common cause; a bloc.

[German Kartell, from French cartel, from Italian cartello, placard, from Medieval Latin cartellus, charter, diminutive of Latin charta, carta, paper made from papyrus; see card1.]

cartel

(kɑːˈtɛl)
n
1. (Economics) Also called: trust a collusive international association of independent enterprises formed to monopolize production and distribution of a product or service, control prices, etc
2. (Government, Politics & Diplomacy) politics an alliance of parties or interests to further common aims
[C20: from German Kartell, from French, from Italian cartello a written challenge, public notice, diminutive of carta card1]

car•tel

(kɑrˈtɛl)

n.
1. an international syndicate, formed esp. to control prices and output in some field of business.
2. an association of political groups acting as a unit toward a common goal.
3. a written agreement between belligerents, esp. for the exchange of prisoners.
[1550–60; < Middle French < Italian cartello letter of defiance, poster, derivative of cart(a) sheet of paper]
car•tel′ize, v.i., v.t. -ized, -iz•ing.

cartel

An association of independent businesses organized to control prices and production, eliminate competition, and reduce the cost of doing business.

Cartel

 political or economic combination between parties or business organizations; hence, the parties themselves. See also combine, syndicate.

cartel

A group of firms within an industry who collude against competition to regulate prices and/or output to their own advantage.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.cartel - a consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or servicecartel - 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"
consortium, syndicate, pool - an association of companies for some definite purpose
drug cartel - an illicit cartel formed to control the production and distribution of narcotic drugs; "drug cartels sometimes finance terrorist organizations"
oil cartel - a cartel of companies or nations formed to control the production and distribution of oil

cartel

noun
1. A combination of businesses closely interconnected for common profit:
2. A group of individuals united in a common cause:
3. An association, especially of nations for a common cause:
Translations
kartel
קרטל

cartel

[kɑːˈtel] N (Comm) → cartel m

cartel

[kɑːrˈtɛl] n [companies] → cartel mcart horse ncheval m de trait

cartel

nKartell nt

cartel

[kɑːˈtɛl] n (Comm) → cartello
References in classic literature ?
I would have you bear this in mind, and give great heed to it that you may bring me word of all cartels, challenges, wrongs, tyrannies, infamies, and wronging of damsels.
``It is a formal letter of defiance,'' answered the Templar; ``but, by our Lady of Bethlehem, if it be not a foolish jest, it is the most extraordinary cartel that ever was sent across the drawbridge of a baronial castle.''
``Front-de-B uf has not recovered his temper since his late overthrow,'' said De Bracy to the Templar; ``he is cowed at the very idea of a cartel, though it come but from a fool and a swineherd.''
Indignant as he was at this impertinence, there was something so exquisitely absurd in such a cartel of defiance, that Nicholas was obliged to bite his lip and read the note over two or three times before he could muster sufficient gravity and sternness to address the hostile messenger, who had not taken his eyes from the ceiling, nor altered the expression of his face in the slightest degree.
several separate, but related, cartels in individual vitamins that were
The planned importation of maize should be controlled so it does not create loopholes for cartels, ODM leaders have said.
Senator David Perdue (R-GA), a member of the Senate Caucus on International Narcotics Control, questioned Secretary of State Mike Pompeo about the United States efforts to counter the global narcotics epidemic and put drug cartels out of business.
The EU has fined Barclays Plc (LSE: BARC), RBS (LSE: RBS), Citigroup Inc (NYSE: C), Mitsubishi UFJ Financial Group Inc (8306.T) unit, MUFG Bank and JPMorgan (NYSE: JPM) for operating foreign exchange cartels.
Regulators in the European Union have levied a hefty fine on Barclays, Royal Bank of Scotland, Citigroup, JPMorgan and Japan's MUFG over collusion in currency trading.The Commission fined the banks for taking part in two separate cartels, the "Forex -- Three Way Banana Split, and the "Forex-Essex Express" cartels.
President Rodrigo Duterte on Wednesday said the cocaine packages found floating in different provinces onfirmed the presence of big-time international drug cartels in the country.
The Leniency Program, which is similar to the whistle-blower program of the government, takes effect today, sending a strong signal to cartels and unscrupulous firms that they are held accountable for their anti-competitive agreements, practices and conduct.
Polinar said the Leniency Program is a unique tool used by competition agencies worldwide to strengthen the detection and prosecution of cartels. "In other countries, leniency programs are reported to have reduced cartel formation by 59 percent and have increased cartel detection by 62 percent," he said.