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2 Usage Examples Depicting the Meaning of 'Cartel' in a Sentence

"A group of businesses or organizations from different countries that join together to control prices and production in a specific industry." more

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The oil-producing nations formed a cartel to coordinate oil production levels.
The countries established a cartel to manage the production of a rare mineral.

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Cartel

kahr-tel
nounA group of businesses or organizations from different countries that join together to control prices and production in a specific industry.
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Last Updated On: May 29, 2024
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