cartel An association of the sellers of a good or service whose goal is to control its price and/or output. Related Related Articles: Why OPEC is Not as Powerful as You ThinkWeekly Roundup: From Uber Drivers to Gasoline PricesThe Maple Syrup HeistHow Our French Fries Became More ExpensiveWhy Valentine's Roses Bloom in Colombia Ann Mills Share This Previous Articlebilateral aid Next Articlecreative destruction December 17, 2020
cartel
