4 ms·
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 co
by 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 agoI don't deny they are a cartel, it just looked like GP thought that it was somehow clear from the name.