What is CARTEL? Definition of CARTEL in Black's Law Dictionary – Legal dictionary – Glossary of legal terms.
In Trade and Commerce
A combination of producers of any product joined together to control its production, sale, and price, and to obtain a monopoly in any particular industry or commodity. Also, an association by agreement of companies or sections of companies having common interests, designed to prevent extreme or unfair competition and allocate markets, and to promote the interchange of knowledge resulting from scientific and technical research, exchange of patent rights, and standardization of products. U. S. v. National Lead Co., D.C. N.Y., 63 F.Supp. 513.
State of War
An agreement between two hostile powers for the delivery of prisoners or deserters, or authorizing certain non-hostile intercourse between each other which would otherwise be prevented by the state of war; for example, agreements for intercommunication by post, telegraph, telephone, railway. II Op. 282.
A written challenge to a duel.
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That's the definition of CARTEL in Black's Law Dictionary – Legal dictionary – Glossary of legal terms. Courtesy of Cekhukum.com.