Cartel
A small group of producers of a good or service who agree to regulate supply in an effort to control or manipulate prices.

Investopedia Says:
The best known example of a cartel is probably the Organization of Petroleum Exporting Countries (OPEC).

Related Terms:
Antitrust
Collusion
Oligopoly
Organization of Petroleum Exporting Countries - OPEC
Price Fixing
Price Rigging
Supply

• EAFE Index
• Early Exercise
• Early Withdrawal
• Earmarking
• Earned Income
• Earned Income Credit (EIC)
• Earned Income Credit (EIC)
• Earned Premium
• Earnest Money
• Earning Assets
• Earnings
• Earnings Before Interest After Taxes (EBIAT)
• Earnings Before Interest After Taxes (EBIAT)
• Earnings Before Interest, Depreciation And Amortization (EBIDA)
• Earnings Before Interest, Depreciation And Amortization (EBIDA)
• Earnings Before Interest, Tax, Amortization And Exceptional Items (EBITAE)
• Earnings Before Interest, Tax, Amortization And Exceptional Items (EBITAE)
• Earnings Before Interest, Tax and Depreciation (EBITD)
• Earnings Before Interest, Tax and Depreciation (EBITD)
• Earnings Before Interest & Tax (EBIT)
• Earnings Before Interest & Tax (EBIT)
• Earnings Before Interest, Taxes, Depreciation, Amortization, and Restructuring or Rent Costs (EBITDAR)
• Earnings Before Interest, Taxes, Depreciation, Amortization, and Restructuring or Rent Costs (EBITDAR)
• Earnings Before Interest, Taxes, Depreciation, Amortization And Special Losses (EBITDAL)
• Earnings Before Interest, Taxes, Depreciation, Amortization And Special Losses (EBITDAL)