Outrageously Funny Word Dictionary :: Cartel

👉 A cartel is a group of individuals or companies who agree to set prices for their products, services, or commodities. These agreements are typically made in order to protect individual interests and ensure that consumers receive fair prices for goods and services. Cartels can be seen as a form of market power, where one company has significant bargaining leverage over the price of other products or services.

cartel

👉 In economics, a "cartel" refers to a group of businesses or individuals who agree to set prices and terms for goods or services that are determined by the collective bargaining power of their members. This agreement is usually reached through negotiations between the various companies involved in the market. The term was originally used to describe monopolistic practices where one company holds all the resources necessary to control the price of a good or service, with other companies competing against it for access to customers and suppliers. In more recent

cartelism

👉 A list of items that can be purchased, or a collection of items for which an order is made.

cartelist

👉 Cartelistic is a term used in political science and sociology to describe a system where one group or individual has control over another group or individual's behavior, power, or resources. In this context, it refers to a system where one group, often referred to as the "driver," has the ability to influence or manipulate the actions of others, either through coercion or through direct manipulation. Cartelistic systems are often characterized by a hierarchical structure where individuals and groups within the system are subject to the

cartelistic

👉 Cartelization is a term used in economics and sociology to describe a situation where two or more entities, often related to the same industry, attempt to suppress competition by forming an alliance or agreement to restrict each other's ability to compete effectively. This can occur through various means such as agreements, regulations, or tacit understanding between parties.

cartelization

👉 The term "cartelize" is a technical term used in the field of digital image processing, specifically in the context of image compression. It refers to the process of splitting an image into smaller, more compact regions called "compartments." Compartments are created by removing or reducing overlapping pixels from each other within an image. This can be useful for compressing images and reducing their size without losing quality. The term "cartelize" is often used in conjunction with the term "compressive

cartelize

👉 A cartelized system is a political or economic arrangement in which two or more groups of people, organizations, or countries have agreed to work together towards a common goal. This can be achieved through various means such as trade agreements, joint ventures, or even alliances. In a cartelized system, the goal is often to achieve economies of scale and reduce costs for all parties involved. The cooperation may lead to increased efficiency in production, reduced prices, and improved access to resources. However, it also poses

cartelized

👉 Cartelizing is a legal concept that refers to the practice of making or buying goods or services through a cartel, which is a group of individuals or businesses who agree to set prices below market levels. The goal of cartels is usually to increase their profits by controlling the price of goods and services in the market.

cartelizing

👉 A cartellist is a type of musical instrument that was popular in the 18th century. It was often used in orchestras and choirs, and it consisted of a stringed instrument with a wooden body and a wooden neck. The strings were tuned to various pitches and played by hand, which made it a versatile instrument for different types of music.

cartellist

👉 A cartel is a group of individuals, organizations or groups that engage in illegal activities to obtain an unfair advantage over others. These individuals or groups often use their power and influence to negotiate prices, set rules, and distribute resources in ways that benefit themselves or their interests. Cartels can be either for-profit or non-profit entities. In the former case, they operate with the aim of making a profit through illegal activities, such as monopolizing markets, engaging in cartels, or exploiting other forms of

cartels