cartel

Noun
  1. A consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service (synset 108253542)
    "they set up the trust in the hope of gaining a monopoly"
    is a type of: consortium, pool, syndicate - an association of companies for some definite purpose
    subtypes:
    • drug cartel - an illicit cartel formed to control the production and distribution of narcotic drugs
    • oil cartel - a cartel of companies or nations formed to control the production and distribution of oil
    same as: combine, corporate trust, trust

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