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cartelize

Line breaks: car¦tel|ize
Pronunciation: /kɑːˈtɛlʌɪz, ˈkɑːtəlʌɪz
 
/
(also cartelise)

Definition of cartelize in English:

verb

[with object]
(Of manufacturers or suppliers) form a cartel in (an industry or trade): the domestic industry retains the benefits of its expanded productivity by cartelizing the market (as adjective cartelized) Europe’s cartelized airline industry
More example sentences
  • Symeonidis finds that industries without cartels have much higher advertising expenditures than cartelized industries.
  • As public choice economists have shown, government regulation is often the surest means to cartelize an industry, and that almost always benefits the dominant player.
  • This would cartelize American industry and increase profits.

Definition of cartelize in:

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