kartel Definition
- 1a group of businesses or companies that work together to control prices and limit competition
- 2a group of people, especially politicians or governments, who work together secretly or illegally
Using kartel: Examples
Take a moment to familiarize yourself with how "kartel" can be used in various situations through the following examples!
Example
The oil-producing countries formed a cartel to control the price of oil.
Example
The drug cartel was responsible for the violence in the city.
Example
The government accused the opposition parties of forming a political cartel.
kartel Synonyms and Antonyms
Phrases with kartel
Example
The police arrested several members of the drug cartel.
a group of political parties or politicians who work together to maintain power and influence
Example
The opposition accused the ruling party of forming a political cartel to stay in power.
a group of oil-producing countries that work together to control the price and supply of oil
Example
OPEC is an oil cartel that controls a significant portion of the world's oil supply.
Summary: kartel in Brief
The term 'kartel' [kɑːˈtɛl] refers to a group of businesses or companies that work together to control prices and limit competition, or a group of people, especially politicians or governments, who work together secretly or illegally. Examples include the oil-producing countries forming a cartel to control the price of oil, the drug cartel responsible for the violence in the city, and the government accusing the opposition parties of forming a political cartel.