Cartel

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....-----------------" In Webster Comprehensive Dictionary, International Edition, the meaning of the word "Cartel" is given thus: "cartel - An international combination of independent enterprises in the same branch of production, aiming at a monopolistic control of the market by means of weaking or eliminating competition. In Chambers' English Dictionary the word "Cartel" ....

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....entioned thus: "A cartel is an association by agreement of companies or sections of companies having common interests, designed to prevent extreme or unfair competition and to allocate markets, and perhaps also to exchange scientific or technical knowledge or patent rights and to standardize products, with competition regulated but not eliminated by substituting computational in quality, efficie....