Longman Dictionary of Contemporary English homepage

Topic: ECONOMICS

Date: 1500-1600
Language: French
Origin: 'document', from Old Italian cartello, from carta; CARD1

cartel

noun
     
car‧tel [countable]
PE a group of people or companies who agree to sell something at a particular price in order to prevent competition and increase profits [↪ monopoly]:
an illegal drug cartel
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