cartels Definition and Meaning in English (cartels definition)
nounQuick Answer • Definition
Cartels definition: Cartels are groups of independent businesses that agree to fix prices, limit production, or share markets to reduce competition and increase profits.
Definitions of Cartels
- 1noun
Cartels are groups of independent businesses that agree to fix prices, limit production, or share markets to reduce competition and increase profits.
Example Sentences
formal
“The government launched an investigation into the alleged cartels fixing fuel prices.”
business
“International cartels can significantly impact global trade and consumer prices.”
Antonyms
competitionfree market
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Frequently Asked Questions: Cartels in English
What is the meaning of Cartels in English?▼
Cartels definition: Cartels are groups of independent businesses that agree to fix prices, limit production, or share markets to reduce competition and increase profits.
How do you translate 'Cartels' to English?▼
'Cartels' translates to 'cartels' in English. Cartels definition: Cartels are groups of independent businesses that agree to fix prices, limit production, or share markets to reduce competition and increase profits.
How do you pronounce 'Cartels' and 'cartels'?▼
Listen to clear English audio pronunciation of 'Cartels' and native English audio speech for 'cartels' with bilingual sentence examples on DictBridge.
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