Definition of C
group of businesses or nations that collude to fix p
Examples of Cartel in a sen
Oil conglomerates run a cartel to keep prices high. 
Prices go up when a cartel controls the supply of products. 
We joined a cartel, restricting the import of diamonds. 
The cartel abused its power by overregulating price. 
The price of corn is high due to the newly created cartel. 
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