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CARTEL
CARTEL
ScnAdmin
a combine of several, usually large, companies that agree to
fix
prices,
control
regions, etc., in
order
to dominate the
market
for their products and/or
services
by escaping
competition
.
CARTEL
ScnMaster
a large
group
of
business
firms that agree to operate as a
monopoly
, especially to regulate prices and
production
.
—New
Slant
on
Life
Glossary
Final
approval 28.1.90