Jisho

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カルテル
Common word Links
Noun
1. cartel​Economics, From German “Kartell”
Wikipedia definition
2. Cartel​A cartel is a formal agreement among competing firms. It is a formal organization where there is a small number of sellers and usually involve homogeneous products. Cartel members may agree on such matters as price fixing, total industry output, market shares, allocation of customers, allocation of territories, bid rigging, establishment of common sales agencies, and the division of profits or combination of these.
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