We've got 1 shorthand for cartels »
Acronyms that contain the term cartels
What does cartels mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: cartels.
Filter by:
Sort by:PopularityAlphabeticallyCategory
Term | Definition | Rating |
---|---|---|
NOPEC | No Oil Producing and Exporting Cartels |
What does cartels mean?
- cartels
- A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market. Cartels are usually associations in the same sphere of business, and thus an alliance of rivals. Most jurisdictions consider it anti-competitive behavior and have outlawed such practices. Cartel behavior includes price fixing, bid rigging, and reductions in output. The doctrine in economics that analyzes cartels is cartel theory. Cartels are distinguished from other forms of collusion or anti-competitive organization such as corporate mergers.
Still can't find the acronym definition you were looking for? Use our Power Search technology to look for more unique definitions from across the web!
Citation
Use the citation options below to add these abbreviations to your bibliography.
Style:MLAChicagoAPA
"cartels." Abbreviations.com. STANDS4 LLC, 2024. Web. 11 May 2024. <https://www.abbreviations.com/cartels>.
Discuss these cartels abbreviations with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In