cartel

cartel An association of independent companies formed to regulate the price and sales conditions of the products or services they offer. A cartel may be national or international, although some countries, including the UK and the USA, have legislation forbidding cartels to be formed on the grounds that they are monopolies that function against the public interest. The International Air Transport Association is an example of an international price-fixing cartel that is regarded as acceptable because of fears that price-cutting of fares between airlines would jeopardize safety.

• standby credit
• standing order
• standstill agreement
• start-up
• start-up costs
• state banks
• State Earnings-Related Pension Scheme
• statement of account
• statement of affairs
• Statement of Auditing Standards
• statement of cash flows
• statement of changes in equity
• statement of changes in financial position
• statement of comprehensive income
• Statement of Financial Accounting Standards
• statement of financial position
• statement of movements in shareholders’ funds
• Statement of Standard Accounting Practice
• statement of terms of employment
• statement of total recognized gains and losses
• STATEMENTS OF STANDARD ACCOUNTING PRACTICE
• state ownership
• State Second Pension
• static risk
• Stationery Office