3 ms·

C isn't for cartel

• IncRnd 4y ago
  OPEC is literally a cartel. The spelling is meaningless, and nobody even said that C stands for cartel. cartel [1] noun a group of similar independent companies who join together to control prices and limit competition: * an oil cartel [1] https://dictionary.cambridge.org/us/dictionary/english/cartel https://dictionary.cambridge.org/us/dictionary/english/carte...
  • lordnacho 4y ago
    I don't deny they are a cartel, it just looked like GP thought that it was somehow clear from the name.