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Bookmark or Share- Cartel | Price Fixing, Monopolies & Market Power | Britannica ...cartel, association of independent firms or individuals for the purpose of exerting some form of restrictive or monopolistic influence on the production or sale of a commodity. The most common arrangements are aimed at regulating prices or output or dividing up markets.
- Cartel - WikipediaA cartel is a group of independent market participants who collude with each other as well as agreeing not to compete with each other [1] in order to improve their profits and dominate the market.
- Mexico’s Long War: Drugs, Crime, and the CartelsMexican drug cartels are leading suppliers of cocaine, heroin, methamphetamine, and other illicit narcotics to the United States. The cartels and the drug trade fuel rampant corruption and...
- What Is a Cartel? Definition, Examples, and LegalityA cartel is an organization created from a formal agreement between a group of producers of a good or service to control supply or to regulate or manipulate prices.
- Drug cartel - WikipediaA drug cartel is a criminal organization composed of independent drug lords who collude with each other in order to improve their profits and dominate the illegal drug trade. Drug cartels form with the purpose of controlling the supply of the illegal drug trade and maintaining prices at a high level.
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