Cartel (noun) Definition, Meaning & Examples

noun
  1. an international syndicate, combine, or trust formed especially to regulate prices and output in some field of business.
  2. a coalition of political or special-interest groups having a common cause, as to encourage the passage of a certain law.
  3. a written agreement between belligerents, especially for the exchange of prisoners.
  4. a written challenge to a duel.
noun
  1. a collusive international association of independent enterprises formed to monopolize production and distribution of a product or service, control prices, etc
  2. an alliance of parties or interests to further common aims
Cartel (noun) Definition, Meaning & Examples

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