CARTEL


Meaning of CARTEL in English

car ‧ tel /kɑːˈtel $ kɑːr-/ BrE AmE noun [countable]

[ Date: 1500-1600 ; Language: French ; Origin: 'document' , from Old Italian cartello , from carta ; ⇨ ↑ card 1 ]

a group of people or companies who agree to sell something at a particular price in order to prevent competition and increase profits ⇨ monopoly :

an illegal drug cartel

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.