Cartel

/kɑːrˈtel/
Definition 1 of 3
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Price Manipulation

Cartels often illegally control prices, limiting competition.

Illustration for Price Manipulation
The electronics cartel was fined for fixing prices.
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Secret Agreements

Cartels may operate in secret to avoid legal repercussions.

Illustration for Secret Agreements
Companies in the cartel secretly agreed to not sell below a certain price.
Visual representation of the word "Cartel"

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