Search results
Headquarters of the Rhenish-Westphalian Coal Syndicate, Germany (at times the best known cartel in the world), around 1910. A cartel is a group of independent market participants who collude with each other as well as agreeing not to compete with each other in order to improve their profits and dominate the market. A cartel is an organization formed by producers to limit competition and increase prices by creating artificial shortages through low production quotas, stockpiling, and marketing ...
May 19, 2023 · Cartel: A cartel is an organization created from a formal agreement between a group of producers of a good or service to regulate supply in an effort to regulate or manipulate prices. In other ...
A drug cartel is a criminal organization composed of independent drug lords who collude with each other in order to improve their profits and dominate the illegal drug trade.Drug cartels form with the purpose of controlling the supply of the illegal drug trade and maintaining prices at a high level. The formations of drug cartels are common in Latin American countries. Rivalries between multiple drug cartels cause them to wage turf wars against each other.. The basic structure of a drug ...
6 days ago · The arrest in the United States of two top leaders of the Sinaloa drug cartel came after what initial accounts suggest was a dramatic betrayal that saw one of the men, a son of the notorious drug ...
4 days ago · The arrests of two top alleged leaders of Mexico’s Sinaloa cartel are an “enormous blow” to the group accused of being responsible for most drugs “killing Americans from coast to coast ...
One of the world's most powerful drug lords, Ismael "El Mayo" Zambada, leader of Mexico's Sinaloa cartel, has been arrested by US federal agents in El Paso, Texas.
Aug 31, 2022 · The violence has continued unabated throughout Mexico month after month: For a few days in August, drug cartels and gangs went on a rampage across four states, firing on police and troops, burning ...
cartel, association of independent firms or individuals for the purpose of exerting some form of restrictive or monopolistic influence on the production or sale of a commodity. The most common arrangements are aimed at regulating prices or output or dividing up markets. Members of a cartel maintain their separate identities and financial independence while engaging in common policies.
5 days ago · The U.S. Justice Department says Ismael “El Mayo” Zambada, a longtime leader of Mexico’s Sinaloa cartel, and Joaquín Guzmán López, a son of another infamous cartel leader, have been arrested by authorities in Texas.
Sep 7, 2022 · Sinaloa Cartel. Formerly led by Joaquín “El Chapo” Guzmán, Sinaloa is one of Mexico’s oldest and most influential drug trafficking groups.
