formal 5K

Cartel

UK //kɑːˈtɛl// US //kɑrˈtɛl// Pronunciation

Definition

A group of independent businesses that work together to control production and prices.

Listen to definition

In simple words: A group of businesses that work together to control prices.

Examples

• The drug cartel was notorious for its violent control over the region.
• Many countries are trying to dismantle the powerful cartel that dominates the oil market.
• The coffee cartel fixed prices to maximize their profits at the expense of consumers.
• Regulatory agencies often investigate cartels for price manipulation.
• The formation of a cartel among phone companies led to higher subscription rates for users.

Usage notes

Often used in discussions about illegal activities, economics, or drug trafficking. Avoid in casual conversations.

Grammar pattern

standalone noun

Memory hint

Think of 'cart' and 'tell' – businesses carting together to tell prices.

Collocations

• drug cartel
• economic cartel
• price-fixing cartel
• international cartel
• business cartel

Synonyms

• syndicate
• trust
• conspiracy
• association
• conglomerate

Common mistakes

• Confused with 'cartel' vs 'cartelizing', which is a different action.
• Incorrectly used as a verb.
• Assuming all cartels are illegal.