- A very large cartel is known as a Megacorporation and their power sometimes outstrips that of many large polities.
A cartel is an association of manufacturers or suppliers operating together with the mutual purpose of maintaining the sale price of their commodities at a high level and restricting competition.
Cartels have existed within every culture that has developed an organized system of trade and commerce that operates with the aim of gaining profit.
References & Contributors (Sources)
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