Definition of "cartel"
  1. An assembly of independent businesses or groups that collaboratively regulate prices, control distribution, or limit competition, often operating secretly due to its illegality under U.S. antitrust laws
How to use "cartel" in a sentence
  1. The oil companies formed a cartel to control the market prices.
  2. The illegal cartel was found guilty of reducing competition in the industry.
  3. Under the Sherman and Clayton Acts, operating a cartel is unlawful in the United States.

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