cartelizing
/ˈkɑrtəˌlaɪzɪŋ/
verb
- Present participle of cartelize: the act of organizing or combining into a cartel.
- The companies are cartelizing to control the supply of rare minerals.
- Cartelizing the industry led to higher prices for consumers.
- They were accused of cartelizing the market illegally.
noun
- The process or practice of forming a cartel.
- The government is investigating the cartelizing of the shipping industry.
- Economists warn that cartelizing can harm the economy.
- Cartelizing is often illegal because it reduces competition.