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Cartel (other)
A cartel is a tight organization based on a formal agreement among commercial enterprises with conflicting interests. Cartel may also refer to: Various cartels * Cartel, adopted from Dutch language Kartel (electoral alliance), ''Kartel'' (electoral alliance), a public and formal electoral alliance between political parties (hence, cartel parties) * Cartel party theory, evaluates influences among state and political parties (hence, cartel parties) * Drug cartel, a drug trafficking organization (the article lists specific cartels) * State cartel theory, addresses international relations formed by states (hence, cartel states) * Cartel (intergovernmental agreement) Music Groups and labels * Cartel (band), an American pop punk band * Cartel (rap group), a Turkish hip hop group * The Cartel (record distributor), a network of record distributors in the UK Albums * Cartel (Cartel album), ''Cartel'' (Cartel album), the band's self-titled album * Cartel (hip hop album), ''Cartel'' (hip ho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cartel
A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market. Cartels are usually associations in the same sphere of business, and thus an alliance of rivals. Most jurisdictions consider it anti-competitive behavior and have outlawed such practices. Cartel behavior includes price fixing, bid rigging, and reductions in output. The doctrine in economics that analyzes cartels is cartel theory. Cartels are distinguished from other forms of collusion or anti-competitive organization such as corporate mergers. Etymology The word ''cartel'' comes from the Italian word '' cartello'', which means a "leaf of paper" or "placard", and is itself derived from the Latin ''charta'' meaning "card". The Italian word became ''cartel'' in Middle French, which was borrowed into English. In English, the word was originally used for a written agreement between warring nations to regulate the treatment and exchange of p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
