Yahoo Web Search

Search results

1. Dictionary

   Car·tel

   /kärˈtel/

   

   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"
   • ▪ a coalition or cooperative arrangement between political parties intended to promote a mutual interest.

   Word Origin late 19th century: from German Kartell, from French cartel, from Italian cartello, diminutive of carta, from Latin carta (see card1). 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).

   Scrabble Points: 8

   • C

     3

   • A

     1

   • R

     1

   • T

     1

   • E

     1

   • L

     1

   Powered by Oxford Languages

   More Definitions, Word Origin & ScrabbleShow less

2. 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-is-a-cartel-in-economics-examples/

   See all results for this question

   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

   www.investopedia.com/terms/c/cartel.asp

   See all results for this question

   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/academy/lesson/cartel-definition-economics.html

   See all results for this question

   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

   www.investopedia.com/terms/c/cartel.asp

   See all results for this question

3. www.merriam-webster.com › dictionary › cartelCartel Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › cartel

   • Cached

   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.

4. en.wikipedia.org › wiki › CartelCartel - Wikipedia

   en.wikipedia.org › wiki › Cartel

   • Cached

   A cartel is a group of independent market participants who collude with each other as well as agreeing not to compete with each other in order to improve their profits and dominate the market. A cartel is an organization formed by producers to limit competition and increase prices by creating artificial shortages through low production quotas ...

5. Videos

   • 

     investopedia.com

     What Is a Cartel? Definition, Examples, and Legality

     Dec 31, 2008

     0 Views

   • 

     1:49

     youtube.com

     The Economics Behind Cartels Explained in One Minute: From Drugs to Oil (OPEC), Diamonds, etc.

     Feb 20, 2020

     31.8K Views

   • 

     4:00

     youtube.com

     Anatomy Of A Drug Cartel

     Sep 11, 2013

     94.2K Views

   View all

6. www.investopedia.com › terms › cWhat Is a Cartel? Definition, Examples, and Legality

   www.investopedia.com › terms › c

   • Cached

   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, their advantages and disadvantages, and the laws that regulate them.

7. dictionary.cambridge.org › dictionary › englishCARTEL | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › dictionary › english

   • Cached

   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.

8. www.dictionary.com › browse › cartelCARTEL Definition & Meaning | Dictionary.com

   www.dictionary.com › browse › cartel

   • Cached

   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.

9. dictionary.cambridge.org › english › cartelCARTEL | definition in the Cambridge English Dictionary

   dictionary.cambridge.org › english › cartel

   • Cached

   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.

10. www.collinsdictionary.com › english › cartelCARTEL definition in American English | Collins English ...

    www.collinsdictionary.com › english › cartel

    • Cached

    May 22, 2024 · A cartel is a group of similar companies or businesses that cooperate to control prices and prevent competition. Learn more about the origin, usage and meaning of cartel in American and British English, with examples and synonyms.