If, by cartel, you mean in a business sense- such as the airline industry- you might think of a cartel being a 'closed shop' to others within that industry, in that the members within the cartel have that business 'sewn up'. Another term sometimes used is a 'monopoly' and in the UK, as well as elsewhere, there are anti-monopoly laws which seek to minimise 'monopolisation' by a 'cartel' within any given industry. My dictionary definition reads "an agreement among apparently competing firms to fix prices etc". Hence, I mentioned airline companies who have a history of behaving in this way.
Opec
The name for a formal organization of producers that agree to coordinate prices and production is called a cartel.
cartel is formed by few sellers when they want to maximise profit ,what is the advantage of forming a cartel?
A centralised cartel is an arrangement by all the members, where a centralised body decides on the pricing.
Opec
Opec
A cartel.
The name for a formal organization of producers that agree to coordinate prices and production is called a cartel.
Cartel MGM's real name is Akeem A. McGowan. He is known as a rapper and is associated with the hip-hop collective known as Cartel. His work often features themes related to street life and personal experiences.
Is cartel masculine or feminine
cartel is formed by few sellers when they want to maximise profit ,what is the advantage of forming a cartel?
The duration of The Cartel is 1.5 hours.
No, the word "cartel" is masculine in Spanish.
A cartel
Lets see: trust, corner, syndicate, cartel, oligopoly, copyright, patent.
Gulf Cartel was created in 197#.
Juárez Cartel was created in 197#.