cartel Definition and Meaning in English (cartel definition)

noun
Quick Answer • Definition

Cartel definition: A cartel is an association of manufacturers or suppliers that maintains prices at a high level and restricts competition.

Definitions of Cartel

  1. 1noun

    A cartel is an association of manufacturers or suppliers that maintains prices at a high level and restricts competition.

Example Sentences

“The oil cartel agreed to limit production to drive up prices.”

“Government regulators are investigating the alleged cartel.”

Antonyms

competitionfree market

Inflected Word Forms

agent nouncartelist

Frequently Asked Questions: Cartel in English

What is the meaning of Cartel in English?▼
Cartel definition: A cartel is an association of manufacturers or suppliers that maintains prices at a high level and restricts competition.
How do you translate 'Cartel' to English?▼
'Cartel' translates to 'cartel' in English. Cartel definition: A cartel is an association of manufacturers or suppliers that maintains prices at a high level and restricts competition.
How do you pronounce 'Cartel' and 'cartel'?▼
Listen to clear English audio pronunciation of 'Cartel' and native English audio speech for 'cartel' with bilingual sentence examples on DictBridge.

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