Cartel

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Cartel, kahr TEHL or KAHR tuhl, is an association formed among producers in a particular industry to control the market for their product. Cartels raise the selling price of their product by restricting the available supply. A cartel may consist of privately owned companies in one country or several countries. A cartel also may be formed among governments.

Conglomerate

Conglomerate, in business, is a large corporation that controls or owns a number of companies that generally operate in unrelated markets. A… See more »

Merger

Merger is a combination of two or more independent businesses into a single corporation. A merger usually involves acquisition, one company… See more »

Monopoly and competition

Monopoly and competition are two kinds of business conditions. In a monopoly, one company or a cooperating group of companies controls the supply… See more »

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Cartel

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