What is another name for cartel?
If, by cartel, you mean in a business sense- such as the airline industry- you might think of a cartel being a ‘closed shop’ to others within that industry, in that the members within the cartel have that business ‘sewn up’. Another term sometimes used is a ‘monopoly’ and in the UK, as well as elsewhere, there are anti-monopoly laws which seek to minimise ‘monopolisation’ by a ‘cartel’ within any given industry. My dictionary definition reads “an agreement among apparently competing firms to fix prices etc”. Hence, I mentioned airline companies who have a history of behaving in this way.
