Definition

A group of businesses or organizations that work together to control the production, pricing, and marketing of goods, often to limit competition.

Example

The cartel was accused of fixing prices to increase their profits.

Conversation

Did you hear about that new documentary on the drug cartel?

Yeah, I heard it's really intense and eye-opening.

I can't believe how much power these cartels have over everything.

It's crazy! It makes you think about the impact on society.

Synonyms & Antonyms

Root Explanation

Cartel comes from the Italian word 'cartello', which is derived from 'carta' (meaning paper or document). The term originally referred to a written agreement or document between parties, particularly in the context of agreements among businesses or groups.

Memory Tip

Think of a 'document' ('carta') that outlines an agreement between groups — that's why a cartel refers to a group that collaborates through agreements.

Visually Confused Words