Cartel
A cartel is a group of firms acting together to restrict prices. Most commonly, a group of producers agree not to sell below a given price.
OPEC Cartel.
One of the most famous cartels in the world is OPEC Organisation of Petroleum exporting countries. In the 1970s, OPEC was able to triple the price of oil in response to events in the Middle East.
Cartel
Related Category: Economics: Terms and Concepts
(kärtl´), national or international organization of manufacturers or traders allied by agreement to fix prices, limit supply, divide markets, or to fix quotas for sales, manufacture, ...
cartel
group of businesses or nations that agree to influence prices by regulating production and marketing of a product.
Cartel
A formal organization set up by a group of firms that produce and sell the same product for the purpose of exacting and sharing monopolistic rents.
Once formed, a cartel must then remain vigilant against 'cheating' from within its ranks and competition from outside.
Cartel
Definition: A group of producers who act together to fix price, output or conditions of sale.
Related glossary term: ...
Cartel
A small group of producers of a good or service who agree to regulate supply in an effort to control or manipulate prices.
CARTEL - A group of businesses or nations that act together as a single producer to obtain market contr...
CARVE OUT - Usually occurs when a company decides to IPO one of their subsidiaries or divisions. The co...
Cartel. A group of producers (or producing countries) entering into a collusive arrangement to regulate pricing, production, or marketing of goods by members.
Cartel:
Une organisation de producteurs indépendants de biens et services, créée afin de régler la production, les prix ou les pratiques de marketing de ses membres en vue de limiter la concurrence et de maximiser leur puissance commerciale.
Cartel
A group of independent producers which regulates production, pricing, and marketing by members to maximize market power and limit competition.
Cash Against Documents (CAD) ...
Cartel An association of producers in an industry that agree to set common prices and output quotas to prevent competition.
Cartel
An organization of independent producers formed to regulate the production, pricing, or marketing practices of its members in order to limit competition and maximize their market power.
Cartel - A group of producers who enter into a collusive agreement to restrict output in order to raise prices and profits.
Cartel - An agreement among, or an organization of, suppliers of a product to limit production in order to minimize competition and maximize market power.
CARTEL
An alliance or arrangement among industrial, commercial, or state-controlled enterprises producing the same commodity, aimed at regulating the purchase, production, or marketing of the commodity.
CARTEL: A formal agreement between businesses in the same industry, usually on an international scale, to get market control, raise the market price, and otherwise act like a monopoly.
cartel a group of companies that act together with the effect of reducing competition and controlling prices
2. Finance ...
cartel a group of producers in the same industry who coordinate pricing and production decisions. (11) ...
A cartel of oil-producing countries.
Planned financing program
Program of short-term and long-term financing as outlined in the corporate
financial plan.
A cartel of oil-producing countries.
Organized exchange
A securities marketplace wherein purchasers and sellers regularly gather to trade securities according to the formal rules adopted by the exchange.
the cartel of nonconsumers who are using oil futures as part of an investing strategy that includes endless attempts to corner the market for crudes in order to make fortunes for them.
Export cartel
A cartel of exporting countries or firms.
Export credit
A loan to the buyer of an export, extended by the exporting firm when shipping the good prior to payment, or by a facility of the exporting country's government.
cartel A group of firms or countries which collectively attempt to affect market prices... carve-out A situation in which a parent firm sells a minority share of a child firm, generally...
Organization of Petroleum Exporting Countries (O.P.E.C.) A cartel of oil-producing countries. Open Used in the context of general equities. Having either buy or sell interest at the indicated price level and side of a preceding trade.
OPEC (Organization of Petroleum Exporting Countries) A cartel of oil-producing countries. Open account Arrangement whereby sales are made with no formal debt contract.
For instance, individual firms in a cartel have an incentive to cheat on the previously agreed-upon price-output levels.
OPEC acts as an oil cartel, trying to fix prices by controlling output, primarily through production quotas. OPEC members control about two-thirds of the world's estimated reserves of oil.
OPEC, the largest oil cartel, for example has a surprising amount of control over the U.S. economy; when they decide to lower oil production, most of the economy is affected.
Those who possess important commercial information will act on it privately through cartels until blocked by foreign competition. The need for market research and selling outside urban areas is not fully understood
Distribution Channels ...
Oil executives were split on whether the Organization of the Petroleum Exporting Countries (OPEC) had been effective in stabilizing the oil market, with 42 percent seeing the cartel's efforts as "fair, ...
Major features of capitalism in this period included the establishment of huge industrial cartels or monopolies; the ownership and management of industry by financiers divorced from the production process; ...
A chart showing the hierarchical interrelationships of positions within an organization. Organization of Petroleum Exporting Countries (OPEC)
A cartel of oil-producing countries.
Organized exchange ...
Horizontal mergers are regulated by the government for possible negative effects on competition. They decrease the number of firms in an industry, possibly making it easier for the industry members to go into cartels for monopoly profits. ...
His analysis of capital flight and the rise of mammoth cartels later influenced Lenin in his Imperialism: The Highest Stage of Capitalism, which has become a basis for the modern neo-Marxist analysis of imperialism.
 See also: Cartels, Expense, Saving, Banks, Mergers
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