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Oh for sure: cartel |kärˈtel| noun an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competit
by uuilly 16y ago
Oh for sure:
cartel |kärˈtel|
noun
an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition : the Colombian drug cartels.
• chiefly historical a coalition or cooperative arrangement between political parties intended to promote a mutual interest.
- houseabsolute 16y agoFrom Adam Smith: "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public." - Adam Smith