Cartel
- Thursday, February 14, 2008, 9:47
- Glossary
- Add a comment
An organization of producers seeking to limit or eliminate competition among its members, most often by agreeing to restrict output to keep prices higher than would occur under competitive conditions.
About the Author
Mr.ThinkOutLoud has written 424 stories on this site.
Write a Comment
Gravatars are small images that can show your personality. You can get your gravatar for free today!
