Spellcheck.net

How to Pronounce cartel?

Correct pronunciation for the word "cartel" is [kɑːtˈɛl], [kɑːtˈɛl], [k_ɑː_t_ˈɛ_l].

What are the misspellings for cartel?

"Cartel" in context

The word "cartel" is used to refer to a group of businesses or organizations that join together to control prices and limit competition. In many cases, cartels are illegal under international laws. They typically involve agreements to fix prices, limit production and market share, or divide customers and markets among members. Examples of cartels include the Organization of Petroleum Exporting Countries (OPEC), the De Beers diamond syndicate, and the Diamond Exporters Association.

Cartels can have a significant impact on the economy. By manipulating prices, they reduce competition and create price stability.

What are similar-sounding words for cartel?

Infographic

Add the infographic to your website:

Word of the day

Palmitone

more