Question

what do you mean by cartel​

Answer 1

Answer:

hey frnd here is ur answer

Explanation:

: an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition.

an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition."the Colombian drug cartels"

an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition."the Colombian drug cartels"HISTORICAL

an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition."the Colombian drug cartels"HISTORICALa coalition or cooperative arrangement between political parties intended to promote a mutual interest.

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Answer 2

Answer:

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

.…hope this helps you…