Knowledge Center

12manage is looking for students / contributors...


Description of Cartel. Explanation.


  1. Summary
  2. Forum
  3. Best Practices
  4. Expert Tips
  5. Resources
  6. Print

Definition Cartel. Description.

A Cartel is a group of legally independent producers who act together to fix prices, to limit supply or to limit competition. Cartels are prohibited by antitrust laws in most countries; however informal and even some formal cartels continue to exist nationally and internationally.

A single legal entity that holds a monopoly position by this definition cannot be said to be a cartel, though it may be guilty of abusing said monopoly.

Examples of well-known formal cartels are the De Beers Diamond cartel, and by some accounts, the Organization of Petroleum Exporting Countries (OPEC).

Cartels Forum
  What are Monopoly Markets? Characteristics
Monopoly market is the market where we can see onl...
  Reacting to a Cartel
In general, how should you react to a cartel?...

Cartels Special Interest Group

Special Interest Group


Best Practices - Cartels Premium

Expert Tips - Cartels Premium

Resources - Cartels Premium

News about CartelsSign up


Videos about CartelsSign up


Presentations about CartelsSign up


Books about CartelsSign up


More about CartelsSign up


Compare with: Horizontal Agreement  |  Horizontal Merger  |  Horizontal Integration  |  Oligopoly  |  Vertical Agreement  |  Competitive Environment

Special Interest Group Leader

You here


Return to Management Hub: Ethics & Responsibility  |  Strategy  |  Supply Chain & Quality

More on Management  |  Return to Management Dictionary  | 


This ends our Cartel summary and forum.

About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2018 12manage - The Executive Fast Track. V14.1 - Last updated: 19-8-2018. All names of their owners.