cartel
Collusive business alliance
A cartel is a group of independent businesses or nations that coordinate to control prices, limit competition, or dominate a market.
OPEC is perhaps the most famous cartel, controlling oil production.
The term also refers to criminal organizations, particularly Latin American drug trafficking syndicates: The Sinaloa cartel controls much of the border region.
More loosely, cartel suggests any powerful coalition acting in concert against outside interests.
One seller, no substitutes
- oligopolyFew firms dominate market
- price-fixingCoordinated artificial cost-setting
- collusionFraudulent secret cooperation
- antitrustAgainst corporate market dominance
quota · OPEC · trust · consortium · bid-rigging · commodities · petroleum · anti-competitive
Combined group pursuing shared interest
- allianceFormal union of parties
- coalitionTemporary alliance for action
- consortiumCooperative group for ventures
- blocAllied group sharing interests
confederation · combine · conglomerate · association · federation · network · partnership · cooperation
monopoly
One seller, no substitutes
- oligopolyFew firms dominate market
- price-fixingCoordinated artificial cost-setting
- collusionFraudulent secret cooperation
antitrust · quota · OPEC · trust · consortium · bid-rigging · commodities · petroleum · anti-competitive · exploitation
syndicate
Combined group pursuing shared interest
- allianceFormal union of parties
- coalitionTemporary alliance for action
- consortiumCooperative group for ventures
bloc · confederation · combine · conglomerate · association · federation · network · partnership · cooperation · collaboration
mafia
Criminal organization using intimidation
- smugglingIllegal covert transport
- gangOrganized criminal group
- underworldRealm of the departed
mob · ring · boss · capo · kingpin · enforcer · hitman · narco · sicario · turf
dominance
Superior influence over others
authority · command · supremacy · grip · stranglehold · leverage · muscle · intimidation · coercion · corruption
- economic historystock market crash, Industrial Revolution, trade routes, Great Depression, gold standard
- criminal schemesconspiracy, collusion, racketeering, kickback scheme, assassination plot
- drug enforcementDEA, drug bust, narcotics, drug raid, interdiction
- nonstate actorsmilitia, insurgent, rebel group, guerrilla, paramilitary
- organized crimemafia, mob, the mob, syndicate, crime syndicate
- syndicatessyndicate, crime syndicate, betting syndicate, consortium
cartelfree market
Commerce without state intervention
perfect competition · competitive market · open market · free trade · laissez-faire
cartelfree enterprise
Privately owned, competitive economy
capitalism · economic freedom · antitrust · deregulation · neoliberalism
- drug cartelCriminal narcotics distribution organization
- oil cartelAlliance controlling petroleum markets
- cartel bossCriminal syndicate leader
- cartel leaderHead of criminal syndicate