What is the meaning of Cartel?

Cartel is a group of businesses or nations that act together as a single producer to obtain market control and to influence prices in their favor by limiting production of a product. The United States has laws prohibiting cartels.

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APABarry Goldsmith. (2010). cartel. Retrieved September 25, 2026, from http://smartdefine.org/cartel/definitions/1149485
ChicagoBarry Goldsmith. 2010. "cartel" http://smartdefine.org/cartel/definitions/1149485 (accessed September 25, 2026).
HarvardBarry Goldsmith 2010, cartel, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/cartel/definitions/1149485>.
MLABarry Goldsmith. "cartel" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/cartel/definitions/1149485>
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