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of <h1>Enterprises Conspiring to Control Markets and Prices Violate Antitrust Regulations Under Sherman Act Section 1</h1> A cartel is an association of independent enterprises formed to monopolize production, control prices, and eliminate competition. Multiple dictionaries define it as a collaborative arrangement among companies to regulate markets, fix prices, and restrict competitive practices. Legal interpretations, including Black's Law Dictionary and American Jurisprudence, emphasize cartels' anticompetitive nature, highlighting their potential violation of antitrust laws like the Sherman Act through market allocation and price manipulation.
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