Difference between revisions of "Cartel"

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A '''cartel''' is a group of apparently independent producers whose goal is to increase their collective profits by means of [[price fixing]], limiting supply, or other such practices. Cartels typically control selling prices, but some are organized to control the prices of purchased inputs. Cartels usually occur in [[oligopolies]], where there are a small number of sellers and usually involve homogeneous products.
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==References==
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Revision as of 18:07, 10 January 2019

Concept.png Cartel 
(alliance)Rdf-entity.pngRdf-icon.png

A cartel is a group of apparently independent producers whose goal is to increase their collective profits by means of price fixing, limiting supply, or other such practices. Cartels typically control selling prices, but some are organized to control the prices of purchased inputs. Cartels usually occur in oligopolies, where there are a small number of sellers and usually involve homogeneous products.

 

Examples

Page nameDescription
Achnacarry AgreementA top secret 1928 agreement to form an oil cartel of all the major oil producers of the time
Big pharmaThe multinational drug companies, supposedly in competition, but who have interlocking interests and personnel, and who operate a revolving door with their supposed regulatory agencies, now long since captured.
Central Selling Organisation
Drug cartelA large business entity in the illegal drug trade
Google News InitiativeGoogle and the deep state buying domination over corporate media and creating tools to censor independent voices.
Inter-Alpha Group of BanksA banking cartel created in 1971 by six banks in the European Community, directed from London by Sir Jacob Rothschild
Red Line AgreementCreated an oil cartel of immense influence. Except for Gulbenkian, the partners were the supermajor oil companies of today.
Seven SistersBig Oil oligopoly
Transnational corporation

 

Related Quotations

PageQuoteAuthorDate
Archer Daniels-Midland“The competitor is our friend and the customer is our enemy....There isn't one grain of anything in the world that is sold in a free market. Not one! The only place you see a free market is in the speeches of politicians. People who are not in the Midwest do not understand that this is a socialist country."”Dwayne Andreas1995
DEA/Infiltration“Allegations surrounding a U.S. investigation that may have involved laundering money for Mexican drug cartels are causing concern on both sides of the border.

In Mexico, lawmakers say they are furious and are demanding an investigation. In the United States, a congressman is broadening the oversight of a previous inquiry to include the most recent allegations.

Felipe Gonzalez, a federal senator with Mexico’s ruling PAN party, says they will demand an investigation to determine whether the U.S. Drug Enforcement Administration allowed its agents to launder money, possibly even on Mexican soil, as part of an investigation into the inner workings of Mexican drug cartel”
Rafael Romo6 December 2011
Jon Rappoport“Long term, the medical cartel is the most dangerous cartel in the world, because they fly under a politically neutral banner. They claim they are completely non-partisan, we are here to help, to heal, and that's it. Who could doubt that? This is the greatest cover operation anyone could conceive of, using medical science, the medical system, with its toxic drugs, its toxic vaccines, to destroy whole populations from within. And occasionally come out with some massive epidemic program to further suppress and destroy populations.”Jon Rappoport29 September 2022
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References


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