cartel
IPA: kɑrtˈɛɫ
noun
- (economics) A group of businesses or nations that collude to limit competition within an industry or market.
- (historical, politics) A combination of political groups (notably parties) for common action.
- (historical) A written letter of defiance or challenge.
- (historical, law) An official agreement concerning the exchange of prisoners.
- (historical, nautical) A ship used to negotiate with an enemy in time of war, and to exchange prisoners.
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Examples of "cartel" in Sentences
- Revolver Records and the Cartel.
- History of the state cartel conception.
- At least, for a while the cartel worked.
- Presumably on the payroll of the cartels.
- Electrode cartel and antitrust litigation.
- Regardless, the cartel was not particularly successful.
- One can distinguish the private cartel and the public cartel.
- The cartel entered into a brief partnership with the Gulf Cartel.
- Cartels and trusts are somewhat different a cartel is a formalised oligopoly.
- In the public cartel the government is involved to enforce the cartel agreement.
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