🔤 Cartelisation ✨

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URDU

کارٹل بنانا، سرمایہ دارانہ گٹھ جوڑ، تجارتی سازش
🅰️ Roman Urdu:
cartel banana, sarmaya darana gath jor, tajarti saazish
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ENGLISH

📚noun
cartelisation
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PRONUNCIATION

Standard: /ˌkɑːrtəlɪˈzeɪʃən/
Phonetic: /kar tul iz ay shun/
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DEFINITION

the organization of producers into a cartel to control prices or production
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EXAMPLE SENTENCES

Government regulators investigated industry cartelisation to protect consumers from unfair pricing. Strict laws prevent cartelisation among major fuel suppliers in the national market. The report exposed illegal cartelisation that kept prices artificially high for years. Measures were introduced to combat cartelisation in the telecommunications service sector. Economic experts warn against cartelisation as it damages healthy market competition.
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SYNONYMS

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ANTONYMS

competition deregulation free market decentralization openness
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