What is the meaning of cartel?

noun

  • A consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service.
    • usage: "they set up the trust in the hope of gaining a monopoly"
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). cartel. Retrieved September 22, 2026, from http://smartdefine.org/cartel/definitions/1263765
ChicagoWordNet. 2010. "cartel" http://smartdefine.org/cartel/definitions/1263765 (accessed September 22, 2026).
HarvardWordNet 2010, cartel, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/cartel/definitions/1263765>.
MLAWordNet. "cartel" 23 October 2010. Web. 22 September 2026. <http://smartdefine.org/cartel/definitions/1263765>
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