cartel
Meaning in simple English, pronunciation and examples
Pronunciation: US /kɑːrˈtel/ · UK /kɑːˈtel/
Forms: cartels
cartel means: A group of businesses or countries that agree to control prices or supply and reduce competition.
noun
A group of businesses or countries that agree to control prices or supply and reduce competition.
- The companies formed a cartel.
- The oil cartel agreed to reduce production.
- Regulators accused the cartel of keeping prices high.
Questions about cartel
What does cartel mean?
A group of businesses or countries that agree to control prices or supply and reduce competition.
What is cartel in other languages?
Türkçe: kartel · Español: cártel · Français: cartel · Deutsch: Kartell · Italiano: cartello · 日本語: カルテル
How do you pronounce cartel?
In American English /kɑːrˈtel/; in British English /kɑːˈtel/.
How do you use cartel in a sentence?
The companies formed a cartel. The oil cartel agreed to reduce production.
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