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Definitions from the Web

Cartelisation

Definition: Cartelisation refers to the process of forming a cartel, which is an agreement between competing firms to control market prices, eliminate competition, and maximize profits.

Sample Sentences:

1. The government imposed strict regulations to prevent cartelisation in the banking sector.
2. The cartelisation of the oil industry led to skyrocketing fuel prices.
3. Joining a cartel for price-fixing and cartelisation is illegal and punishable by law.

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• Antitrust Laws - Explore books explaining antitrust laws and their impact on cartelisation.
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