What is "cartel" in English? Definition and Explanations

Updated: 26-10-2024 by Wikilanguages.net
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What does cartel mean in English? Meaning of cartel definition and abbreviation with examples.

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What is "cartel" in English? Definition and Explanations

Meaning of "cartel": a consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service

Noun

  • Meaning: a consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service
  • Example: they set up the trust in the hope of gaining a monopoly
  • Synonyms: cartel combine corporate trust trust
  • Hyponyms: drug cartel oil cartel
  • Hypernyms: consortium pool syndicate
  • Pronunciation in US: /kɑɹˈtɛl/

    Synonyms:

    monopoly, corporation, conglomerate, gang, syndicate, mob, ring, crowd, chain, outfit, crew, combine, trust, pool, bunch, multinational, consortium, holding company, megacorp, plunderbund,

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    cartel in English: cartel
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