cartel price
1price ring — A group of firms in the same industry that have agreed amongst themselves to fix a minimum retail price for their competing products, thus forming a cartel Price rings are illegal in many countries unless they can be shown to be in the public… …
2Price fixing — is an agreement between business competitors to sell the same product or service at the same price.In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers.… …
3cartel — I noun accord, accordance, affiliation, agreement, alliance, amalgamation, association, bloc, body corporate, coadjuvancy, coalition, colleagueship, combination, combine, common consent, community of interest, compact, concert, concord,… …
4Cartel de Juárez — Date de fondation Début des années 1970 Fondé par Amado Carrillo Fuentes Lieu Ciudad Juárez, Chihuahua, Mexico Territoire &# …
5price ring — ➔ ring1 * * * price ring UK US noun [C] ► ECONOMICS a group of similar companies who agree to prices between them in order to increase profits and limit competition → Compare CARTEL(Cf. ↑cartel) …
6price-fixing — ˈprice ˌfixing noun [uncountable] 1. COMMERCE LAW when companies in an industry agree on the prices they will charge for something. This form of price fixing is done so that companies avoid competing with each other, and is normally illegal: •… …
7price ring — noun A group of manufacturers who co operate for the purpose of raising or maintaining the price of a commodity above the level that would be established by a free market, a cartel • • • Main Entry: ↑price * * * price ring, Especially British. a… …
8cartel — [kär tel′] n. [MFr < It cartello, dim. of carta, CARD1] 1. a written challenge, as to a duel 2. a written agreement between nations at war, esp. as to the exchange of prisoners 3. [Ger kartell < Fr cartel] an association of industrialists,… …
9cartel — in its modern use referring to a price fixing business arrangement is pronounced kah tel, influenced by the German word Kartell. In its earlier use referring to the exchange of prisoners, its stress was on the first syllable …
10Cartel — A cartel is a formal (explicit) agreement among firms. Cartels usually occur in an oligopolistic industry, where there is a small number of sellers and usually involve homogeneous products. Cartel members may agree on such matters as price fixing …