Cartelist

A 'cartelist' refers to an individual or entity that is part of a cartel—a group that colludes to control prices, limit production, or restrict market competition within a specific industry. Cartelists often engage in coordinated efforts to manipulate supply and demand, thereby gaining an unfair advantage over competitors. This practice is typically illegal and considered detrimental to free market competition.

Cartelist meaning with examples

• In recent years, the government has cracked down on companies found to have cartelist behaviors, ensuring that market competition thrives without unfair manipulation.
• The investigation revealed several cartelist activities among major gas suppliers, leading to inflated prices for consumers across the region.
• Economists warn that the actions of cartelist organizations can create significant barriers for new entrants in the market, stifling innovation and competition.
• One of the biggest challenges regulatory bodies face is identifying cartelist alliances that can operate under the radar, avoiding detection for years.
• The company was fined heavily after its executives were found to be engaging in cartelist practices that severely impacted consumer choice.