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to cartelize

to cartelize

1 9.3
To bring companies together so they agree to fix prices and limit competition
  • verb
  • /kɑrˈtɛlaɪz/
  • Specialized
translation icon : cartelizar
  • Toward the end of the 1960s, there emerged two major developments that undermined the cartelized character of oil production and helped to unify the pricing of oil inter-regionally.

Examples

  • While this masks the problem in the short term, it destroys the value of each dollar, ripping apart the middle class, cartelizing wealth, and allowing the U.S. to continue to limp along under the illusion of strength.

    Blog text (23)
  • Yeah, yeah, it's essentially the US cartelize the Japanese auto industry.

  • In competitive markets, unions cannot cartelize labor and raise wages.

    Blog text (9)
  • Institutions such as bar associations and the Association of American Law Schools have striven to cartelize the education of new lawyers.

    Academic text (1997)
  • The Roosevelt Administration had effectively cartelized our commercial environment through taxation and regulation.

    Blog text (2)
  • America just increased its profits to more than than they were making when they were cartelize splitting, cartelize splitting the profits, OK.

  • Yet his only response has been to cartelize the economy in the manner of Franklin Roosevelt and then follow by emulating the worst demagogues of that era.

    Blog text (28)
  • Beginning with President de la Madrid, they could no longer count on a protected and cartelized domestic market, and once NAFTA was ratified, the old days were gone forever.

    Academic text (1997)
  • In time, these financiers may use their increased power to either strengthen their position in the system, usually to further cartelize their industry, or to deepen their entrenchment with the state in some other way; or to make great profits when prices in sovereign.

    Blog text (14)
  • The government decided to cartelize the industry to stabilize prices and prevent ruthless competition.

Synonyms

to monopolize
vsto cartelize
  • US
22 6.7

To take complete control of something so others cannot use it

organize firms together to limit competition rather than seize total control
to corner the market
vsto cartelize
9 7.2

To control most of the supply of a product so you can set its price and keep competitors out

organize firms together to control prices rather than by single supply control

Antonyms

983 2.6

Try to win against others who want the same thing

43 4.3

To stop being a group, for example a band or committee

Surface Forms

cartelize infinitive
cartelized past
cartelized past participle
cartelizing present participle
cartelizes third person singular

Morphology

cartelize = cartel (transparent) = cartel + ize

Formed by the productive verb-forming suffix '-ize' from the noun 'cartel', meaning 'to make or form into a cartel', which is a straightforward derivation for learners.

Etymology

The word cartelize comes from the noun cartel, a group of companies that agree to set prices or limit competition, and the verb ending -ize meaning 'to make' or 'cause to be'. So, to cartelize is to make businesses join a cartel so they can control prices and reduce choice for customers.