Last Updated
:2025/11/20
cartel
IPA(Pronunciation)
Noun
historical
Japanese Meaning
経済学において、業界または市場での競争を抑制する目的で、企業や国などが共謀して結成する集団(カルテル)
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( plural )
Quizzes for review
(economics) A group of businesses or nations that collude to limit competition within an industry or market.
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cartel
The cartel fixed prices across the industry, stifling competition and raising costs for consumers.
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The cartel fixed prices across the industry, stifling competition and raising costs for consumers.
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