Cartelize

/ˈkɑrtəˌlaɪz/ verb

Definition

To form or organize companies or producers into a cartel in order to control prices and competition.

Etymology

From 'cartel' (Italian cartello) + the suffix '-ize' meaning to cause to become or to organize into.

Kelly Says

When companies cartelize, they're essentially agreeing to behave like a single giant company while technically remaining separate—a clever but legally risky strategy that antitrust laws were created to prevent.

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