Definition of drug cartel
noun | \kär-ˈtel\ | See the full.
Definition, Synonyms, Translations of drug cartel by The Free.
In economics, a cartel is an agreement between competing firms to control prices or exclude entry of a new competitor in a market. It is a formal organization of sellers or buyers that agree to fix selling prices, purchase prices, or reduce production using a variety of tactics. Cartels usually arise in an oligopolistic industry, where the number.
drug cartel [BACK TO TOP ] Meaning: An illicit cartel formed to control the production and distribution of narcotic drugs Classified under: Nouns denoting groupings of people or objects Context example: drug cartels sometimes finance terrorist organizations Hypernyms ( drug cartel is a kind of.): cartel; combine; corporate trust; trust (a.
Drug cartels are criminal organizations developed with the primary purpose of promoting and controlling drug trafficking operations. They range from loosely managed agreements among various drug traffickers to formalized commercial enterprises. The term was applied when the largest trafficking organizations reached an agreement to coordinate the.
an international syndicate, combine, or trust formed especially to regulate prices and output in some field of.
“It is a formal letter of defiance, answered the Templar; “but, by our Lady of Bethlehem, if it be not a foolish jest, it is the most extraordinary cartel that. dictionary.reference.com/browse/cartel The Obama administration had pointed to the involvement of U.S. guns in cartel shootings. en.wikipedia.org/wiki/Cartel In economics, a cartel is an.
A drug cartel is any criminal organization developed with the primary purpose of promoting and controlling drug trafficking operations. They range from loosely managed agreements among various drug traffickers to formalized commercial enterprises. The term was applied[when the largest trafficking organizations reached an agreement to coordinate the.
Cartel A combination of producers of any product joined together to control its production, sale, and price, so as to obtain a Monopoly and restrict competition in any particular industry or commodity. Cartels exist primarily in Europe, being illegal in the United States under antitrust laws. Also, an association by agreement of companies or.