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
- The drug cartel controlled the entire operation, from production to distribution
- The oil cartel agreed to limit production in order to drive up prices
- The cartel members met in secret to discuss their next move
- The cartel's influence extended beyond national borders, reaching into multiple countries
- Authorities worked tirelessly to dismantle the powerful cartel and bring its leaders to justice
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