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cartelization
noun
The process of cartelizing, usually occurring in oligopolistic industry.
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noun
The process of cartelizing, usually occurring in oligopolistic industry.
“Cartelization usually occurs in an oligopolistic industry, where the number of sellers is small or sales are highly concentrated and the products being traded are usually commodities.”
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Cartelization usually occurs in an oligopolistic industry, where the number of sellers is small or sales are highly concentrated and the products being traded are usually commodities.
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