TERMIUM Plus®

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cartel agreement [1 record]

Record 1 2013-05-27

English

Subject field(s)
  • Foreign Trade
  • Treaties and Conventions
CONT

In a cartel agreement, producers explicitly agree to cooperate in setting prices and output levels for mutual advantage. By consolidating and limiting production, producers can push the market price up and earn higher profits.

French

Domaine(s)
  • Commerce extérieur
  • Traités et alliances
CONT

NCK [Nippon Carbon Co. Ltd.], dont le siège social se trouve à Tokyo, a appuyé l’accord de cartel en ne vendant pas d’électrodes de graphite sur le marché canadien pendant cette période.

Spanish

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