Business alliance - Kigyourengo
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A cartel is an association of companies in the same industry that agree on prices, production volumes, etc. to restrict or eliminate competition in the market and secure profits. [Modern Terminology Dictionary (1930)] Source: The Selected Edition of the Japanese Language Dictionary About the Selected Edition of the Japanese Language Dictionary Information |
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〘名〙 同一産業部門の企業間で、価格、生産量などを協定して、市場での競争を制限、排除し、利潤を確保しようとする連合体。カルテル。〔モダン用語辞典（1930）〕
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