Decartelize

/ˌdiːˈkɑɹtəlaɪz/ verb

Definition

To break up or dismantle cartels and restore competition in an industry or market.

Etymology

From 'de-' (remove) + 'cartel' + '-ize' (to make or cause). This verb form emerged in the 1940s-1950s during post-WWII economic reforms and modern antitrust policy.

Kelly Says

The European Union's obsession with decartelizing industries explains why you can't buy the same pharmaceuticals or software in Europe and America at the same prices—different decartelization policies created separate markets.

Related Words

Explore More Words

Get the Word Orb API

Complete word intelligence in one call. Free tier — 50 lookups/day.