cartel
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesnoun
cartel; a formal agreement between competing firms to control prices or exclude competition
formalUsed primarily in economics, business, and political contexts to describe anticompetitive practices. Participants remain legally independent entities. It is a loanword from English 'cartel'.
Zhè这
xiē些
shí石
yóu油
gōng公
sī司
zǔ组
chéng成
le了
yī一
gè个
kǎ卡
tè特
ěr尔
lái来
kòng控
zhì制
quán全
qiú球
yóu油
jià价
。
These oil companies formed a cartel to control global oil prices.
Fǎn反
lǒng垄
duàn断
fǎ法
zhǐ旨
zài在
dǎ打
jī击
xiàng像
kǎ卡
tè特
ěr尔
zhè这
yàng样
de的
xiàn限
zhì制
jìng竞
zhēng争
xíng行
wéi为
。
Antitrust laws aim to crack down on anticompetitive practices like cartels.
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Zhè这
gè个
háng行
yè业
de的
kǎ卡
tè特
ěr尔
xié协
yì议
zuì最
zhōng终
bèi被
zhèng政
fǔ府
diào调
chá查
bìng并
jiě解
sàn散
le了
。
The cartel agreement in this industry was eventually investigated and disbanded by the government.