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international cartel

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cartel

cartel  

Reference type:
Overview Page
A system whereby producers divide up the market between themselves, avoiding direct competition and not encroaching on each other's share of the market. See Walker in R. Friman and P. Andreas, eds ...
International Cartels

International Cartels   Reference library

Harm G. Schröter

The Oxford Encyclopedia of Economic History

Reference type:
Subject Reference
Current Version:
2005
Subject:
Social sciences, Economics
Length:
2,313 words
A cartel is an agreement between independent organizations of the same branch of industry, set up with the purpose of influencing the market. Such a comprehensive definition is needed to ... More

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