Decartelized

/ˌdiːˈkɑɹtəlaɪzd/ adjective

Definition

Describing an industry or market that has been freed from cartel control and restored to competitive conditions.

Etymology

Past participle of 'decartelize,' describing the completed state of having broken up cartel agreements and competitive restrictions.

Kelly Says

The German coal and steel industry became 'decartelized' in the 1950s after decades of being controlled by the same industrial families—its transformation into competing firms fundamentally reshaped European politics and economics.

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