Cartel


The meaning of the word Cartel is: group of businesses or nations that collude to fix prices


Examples:

Oil conglomerates run a cartel to keep prices high.

published by Margarett on 2021-03-05 22:29:23


Prices go up when a cartel controls the supply of products.

published by Kayleigh on 2021-04-28 21:27:39


We joined a cartel, restricting the import of diamonds.

published by Beata on 2021-02-28 15:07:43


The cartel abused its power by overregulating price.

published by Tayna on 2021-11-04 08:09:41


The price of corn is high due to the newly created cartel.

published by Mitchell on 2021-10-29 03:25:11


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