"Cartelised" Pronounce,Meaning And Examples

"Cartelised" Natural Recordings by Native Speakers

Cartelised

"Cartelised" Meaning

Cartelised refers to a market or industry that has been dominated by a small group of companies or organizations that work together to control the supply and production of a product or service. This can lead to anti-competitive practices, inflation, and reduced innovation, as well as limiting access to competition and reducing consumer choice.

"Cartelised" Examples

Usage Examples of "Cartelised"

Example 1: Market Analysis

The cartelised market structure allowed a few large companies to dominate the industry, stifling competition and driving up prices.

Example 2: Economic Theory

According to neoclassical economics, cartelised industries can lead to reduced innovation and increased prices, as firms collude to limit output.

Example 3: Business News

The cartelised nature of the energy sector has led to allegations of price-fixing and anti-competitive behavior among major oil companies.

Example 4: Academic Research

The study found that cartelised industries tend to experience reduced productivity growth, as firms prioritize profits over innovation.

Example 5: Policy Statement

To promote competition and innovation, the government has implemented policies aimed at breaking up cartelised industries and promoting entry into new markets.

"Cartelised" Similar Words

Carstensz

Cart

Cartage

Cartagena

Cartagena is a coastal city in the Colombia department of Bolivar, located on the Caribbean coast. It is a popular tourist destination known for its historic old town, convenient location, and rich cultural heritage. The city is often called the "Heroic City" due to its significant role in the-spanish colonial era and its defense against the Spanish Empire.

Carted

The verb "carted" is the past tense of the verb "cart," which means to carry or convey something in a cart or vehicle. For example: "The patient was carted away to the hospital in an ambulance." In other senses, it can also mean to handle or manage something with rough or crude care, as in: "The politician was carted by his aides to avoid the crowd."

Cartel

Cartelisation

Cartelise

Cartelist

Cartelization

Cartelize

To cartelize is to combine or merge independent businesses or industries into a single, larger entity, often with the aim of increasing their market power, controlling prices, or limiting competition. This can be done through consolidation, mergers, or acquisitions.