Business English Ace Vocabulary - Cartel - A strong business vocabulary is a must in the global economy ruled by English. Learn the meaning of Cartel with an example sentence so you can use it intelligently at your next meeting or presentation.
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Business English Ace Vocabulary - Cartel
1. Business English Ace Vocabulary Word of the Week
By: H. E. Colby, author of Top 150 Business English Ace Vocabulary Words
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2. cartel
Business English Ace Vocabulary Word of the Week
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3. cartel:
(N) : a group of companies who usually conspire to set the price of something they produce at a fixed level in order to limit competition and reap big profits
Business English Ace Vocabulary Word of the Week
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4. cartel
EX: The oil cartel cannot always control the price on the open market.
Business English Ace Vocabulary Word of the Week
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5. Business English Ace Vocabulary Word of the Week
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6. Professor Colby, author of Top 150 Business English Ace Vocabulary Words, has been helping students achieve their English language goals for many years. Tweet your friends about the vocabulary series!
Business English Ace Vocabulary Word of the Week
Sign up for my Business English Ace Newsletter for more English tips!