cartelizes
/ˈkɑrtəˌlaɪzɪz/
verb
- Third person singular form of cartelize: to organize or combine into a cartel (a group of businesses that agree to control prices or limit competition).
- The industry cartelizes to avoid price wars.
- The oil cartelizes its members to keep prices high.
- When one company cartelizes the market, consumers often pay more.