
Cartelism

Translation cartelism into russian
cartelism
NounCartelism can lead to reduced competition in the market.
Картелизм может привести к снижению конкуренции на рынке.
Definitions
cartelism
NounThe practice or system of forming cartels, which are associations of manufacturers or suppliers that maintain prices at a high level and restrict competition.
The rise of cartelism in the industry led to increased prices and reduced market competition.