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.

economic

monopoly

One seller, no substitutes

antitrust · quota · OPEC · trust · consortium · bid-rigging · commodities · petroleum · anti-competitive · exploitation

organization

syndicate

Combined group pursuing shared interest

bloc · confederation · combine · conglomerate · association · federation · network · partnership · cooperation · collaboration

criminal

mafia

Criminal organization using intimidation

mob · ring · boss · capo · kingpin · enforcer · hitman · narco · sicario · turf

power

dominance

Superior influence over others

authority · command · supremacy · grip · stranglehold · leverage · muscle · intimidation · coercion · corruption

Categories
Opposites
market structure

cartelfree market

Commerce without state intervention

perfect competition · competitive market · open market · free trade · laissez-faire

economic philosophy

cartelfree enterprise

Privately owned, competitive economy

capitalism · economic freedom · antitrust · deregulation · neoliberalism

organizational cooperation

cartelmaverick

Independent-minded rule-breaker

market disruptor · undercutter

Phrases
Family

cartels

Familiarity
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Profile
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