cartel de la OPEC, el

cartel de la OPEC, el
= OPEC cartel, the
Ex. What I think the president ought to do is get on the phone with the OPEC cartel and say we expect you to open your spigots.

Spanish-English dictionary. 2013.

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  • cartel — [[t]kɑː(r)te̱l[/t]] cartels N COUNT A cartel is an association of similar companies or businesses that have grouped together in order to prevent competition and to control prices. ...a drug cartel... Since 1993 OPEC, the oil cartel dominated by… …   English dictionary

  • cartel — I noun accord, accordance, affiliation, agreement, alliance, amalgamation, association, bloc, body corporate, coadjuvancy, coalition, colleagueship, combination, combine, common consent, community of interest, compact, concert, concord,… …   Law dictionary

  • OPEC — /oh pek/, n. an organization founded in 1960 of nations that export large amounts of petroleum: formed to establish oil exporting policies and set prices. [O(rganization of) P(etroleum) E(xporting) C(ountries)] * * * in full Organization of… …   Universalium

  • cartel — cartelism, n. /kahr tel /, n. 1. an international syndicate, combine, or trust formed esp. to regulate prices and output in some field of business. 2. a coalition of political or special interest groups having a common cause, as to encourage the… …   Universalium

  • Cartel — A cartel is a formal (explicit) agreement among firms. Cartels usually occur in an oligopolistic industry, where there is a small number of sellers and usually involve homogeneous products. Cartel members may agree on such matters as price fixing …   Wikipedia

  • OPEC — Organisation des pays exportateurs de pétrole Organization of Petroleum Exporting Countries Les 12 membres de l OPEP en 2008 Création …   Wikipédia en Français

  • OPEC — Organization of Petroleum Exporting Countries, emerged as the major petroleum pricing power in 1973, when the ownership of oil production in the Middle East transferred from the operating companies to the governments of the producing countries or …   Financial and business terms

  • OPEC — Organization of Petroleum Exporting Countries …   Wikipedia

  • OPEC — abbr. Organization of Petroleum Exporting Countries. * * * noun an organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum • Syn: ↑Organization of Petroleum Exporting Countries • Hypernyms:… …   Useful english dictionary

  • cartel — A group of businesses or nations that act together as a single producer to obtain market control and to influence prices in their favor by limiting production of a product. The United States has laws prohibiting cartels. Bloomberg Financial… …   Financial and business terms

  • cartel — An arrangement among *suppliers of a good or service to influence *prices. Cartels are illegal in most countries, through *antitrust laws and regulations to enhance *competition. Some cartels operate internationally. An example frequently given… …   Auditor's dictionary

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