Cartel

Legal Definition and Related Resources of Cartel

Meaning of Cartel

A written challenge openly displayed. A grouping of producers of raw materials or goods ; also an agreement between members of such group.

Cartel Alternative Definition

An agreement between two belligerent powers for the delivery of prisoners or deserters, and also a written challenge to a duel. Cartel ship is a ship commissioned in time of war to exchange prisoners, or to carry any proposals between hostile powers. She must carry no cargo, ammunition, or implements of War, except a single gun for signals.

International Trade Meaning and Definition of Cartel

An agreement among, or an organization of, suppliers of a product.

Synonyms of Cartel

noun

  • accord
  • accordance
  • affiliation
  • agreement
  • alliance
  • amalgamation
  • association
  • bloc
  • body corporate
  • coadjuvancy
  • coalition
  • colleagueship
  • combination
  • combine
  • common consent
  • community of interest
  • compact
  • concert
  • concord
  • concordance
  • concordat
  • concurrence
  • confederation
  • conjunction
  • consenus
  • consociation
  • consonancy
  • consort
  • consortium
  • contract
  • cooperation
  • covenant
  • federation
  • fusion
  • group
  • joint concern
  • league
  • merger
  • mutual understanding
  • organization
  • pact
  • sodality
  • syndicate
  • trust
  • union
  • unity
  • Associated Concepts: business cartel
  • international cartel

Related Entries of Cartel in the Encyclopedia of Law Project

Browse or run a search for Cartel in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Cartel in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Cartel in Historical Law in the Encyclopedia of Law.

Legal Abbreviations and Acronyms

Search for legal acronyms and/or abbreviations containing Cartel in the Legal Abbreviations and Acronyms Dictionary.

Related Legal Terms

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Mentioned in these terms

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Cartel in the Dictionary Cartel in our legal dictionaries
Browse the Legal Thesaurus Find synonyms and related words of Cartel
Legal Maxims Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law
Legal Answers (Q&A) A community-driven knowledge creation process, of enduring value to a broad audience
Related topics Cartel in the World Encyclopedia of Law

Notice

This definition of Cartel is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.

Vocabularies (Semantic Web Information)

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Topic Map A group of names, occurrences and associations
Topic Tree A topic display format, showing the hierarchy
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https://legaldictionary.lawin.org/cartel/ The URI of Cartel (more about URIs)

Cartel in Law Enforcement

Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of cartel.

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Legal English Vocabulary: Cartel in Spanish

Online translation of the English legal term cartel into Spanish: cartel (English to Spanish translation) . More about legal dictionary from english to spanish online.

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See Also

  • Law Enforcement Officer
  • Police Officer
  • Law Enforcement Agency

Further Reading

Definition of Cartel

In the context of international law, the legal resource A Dictionary of Law, provides a definition of Cartel :

1. An agreement between belligerent states for certain types of nonhostile transactions, especially the treatment and exchange of prisoners.

2. A national or international association of independent enterprises formed to create a *monopoly in a given industry.

Cartel in the Economic Activity

An introductory concept of Cartel may be: a group of producers with an agreement to collude in setting prices and output

Definition of Cartel

In relation to social issues, a meaning of cartel is provided here: explicit forms of collusion concerned with product price, output, service, or sales.

Cartel in Global Commerce Policy

In this regard, cartel is: a formal or informal agreement between firms to manage domestic or international markets by lessening competition between the firms. Methods include agreement not to compete on price, limitations on the total output by the members to the agreement, market-sharing arrangements, etc. To what extent such activities are legal depends on a country’s competition policy. Cartel arrangements work best when few firms dominate an activity. The entries on trade policy are here. Agreements are divided into public and private cartels. The entries on trade policy are here. A public cartel is one where the government forms and administers the rules for its own reasons. This may include acceptance of export cartels aimed at strengthening the competitiveness of domestic firms. The entries on trade policy are here. An example of this is the United States Webb-Pomerene Act. Pure export cartels, directed exclusively at foreign markets, enjoy considerable freedom from the application of competition laws. Mixed export cartels affect domestic and export markets. The entries on trade policy are here. Import cartels are much rarer. The entries on trade policy are here. In many cases competition authorities do not approve their formation or operation. Public cartels might also be permitted to promote structural adjustment. Private cartels, or arrangements between firms, are usually kept secret, particularly if they are against the law or if they would lead to higher prices for consumers. See also antitrust laws, rule of reason and trade and competition policy.[1]

Cartelin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

  1. Dictionary of Trade Policy, “Cartel” entry (OAS)

See Also

Resources

See Also

  • Trade
  • Market
  • White Market
  • Financial Market
  • Trade Law
  • Competition Law

Hierarchical Display of Cartel

Business And Competition > Competition > Restrictive trade practice > Horizontal agreement
Business And Competition > Competition > Restriction on competition > Dumping
Business And Competition > Competition > Restriction on competition > Monopoly

Meaning of Cartel

Overview and more information about Cartel

For a more comprehensive understanding of Cartel, see in the general part of the online platform.[rtbs name=”xxx-xxx”]

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Translation of Cartel

Thesaurus of Cartel

Business And Competition > Competition > Restrictive trade practice > Horizontal agreement > Cartel
Business And Competition > Competition > Restriction on competition > Dumping > Cartel
Business And Competition > Competition > Restriction on competition > Monopoly > Cartel

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