Link Centre Dictionary

cartel

car·tel

UK/kɑːˈtɛl/ US/kɑɹˈtɛl/ fairly common

noun

1.

a consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service

  • “they set up the trust in the hope of gaining a monopoly”

Origin

In the business sense, borrowed from German Kartell, first used by Eugen Richter in 1871 in the Reichstag. In the political sense, which was the vehicle for this metaphor, the English sense, like the German sense, was borrowed from French cartel in the sixteenth century, from Italian cartello, diminutive of carta (“card, page”), from Latin charta.

Phrases

  • citation cartel
  • drug cartel

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WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). CMU Pronouncing Dictionary. WordNet 2.1 Copyright Princeton University. All rights reserved. Wiktionary content is available under the Creative Commons Attribution-ShareAlike Licence.