Examlex
What is guerilla marketing? How is it different from traditional marketing?
Cartelized Market
A market situation where a small number of firms collaborate to control prices and production, limiting competition.
Cartel Members
Members of a cartel work together to control the production and pricing of goods in a particular market, effectively limiting competition.
International Zinc Cartel
An agreement among zinc producers to control zinc prices and production globally, often to manipulate market conditions.
Lower Output
Refers to a reduction in the quantity of goods or services produced by a company or sector.
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