Cartel - Wikipedia A cartel is a group of independent market participants who collaborate with each other as well as agreeing not to compete with each other [1] in order to improve their profits and dominate the market
cartel | Wex | US Law | LII Legal Information Institute A cartel is a group of independent corporations or other entities that join together to fix prices , rig bids , allocate markets, or conduct other similar illegal activities
‘We’re part of the Jalisco Cartel’: Mexico concerned by influx of . . . Somewhere in a remote corner of Mexico, a man recounts his life in the service of the “four letters,” a nickname he uses to refer to the Jalisco New Generation Cartel (CJNG), one of the largest criminal organizations in Latin America The former Colombian soldier, whose identity has been withheld, claims that other compatriots have been recruited into the gang, “pure commandos and
Why Are the Cartels So Powerful in Mexico? A Historical and In-Depth . . . To understand why the Mexican cartels are so powerful, we must explore the historical roots of these organizations, the role of the Mexican government, the impact of the U S demand for drugs, and the socioeconomic conditions that allowed the cartels to thrive
Cartels: How They Work, Types, and Examples - SuperMoney A cartel is an agreement between independent businesses or producers to regulate prices, limit supply, or divide markets to reduce competition Cartels often engage in price-fixing, market allocation, and output restriction, which results in higher prices for consumers and stifled innovation
Drug cartel | Definition, Impact History | Britannica Drug cartel, an illicit consortium of independent organizations formed to limit competition and control the production and distribution of illegal drugs Drug cartels are extremely well-organized, well-financed, efficient, and ruthless
Cartel: Definition, Types Examples - BoyceWire What is a cartel? A cartel is an agreement or arrangement between competing firms or countries to restrict competition, control market prices, and limit production or distribution in order to maximize profits collectively