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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 quotas. Cartels can be vertical or horizontal but are inherently unstable due to the temptation to defect and falling prices for all members.
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 ...
May 19, 2023 · A cartel is a collection of independent businesses or organizations that collude to manipulate the price of a product or service. Cartels are competitors in the same industry...
Drug cartel, an illicit consortium of independent organizations formed to limit competition and control the production and distribution of illegal drugs. Drug cartels are extremely well-organized, well-financed, efficient, and ruthless.
- Richard J. Samuels
Oct 24, 2019 · 24 October 2019. Mexico's brutal drug war claims thousands of lives every year, as powerful trafficking groups battle it out for territory and influence. These cartels control vast areas of the ...
5 days ago · Sinaloa cartel, international crime organization that is among the most-powerful drug-trafficking syndicates in the world. It is based in Culiacan, Sinaloa state, Mexico. At one time it was headed by Joaquin Guzman Loera, known as El Chapo. Learn more about the Sinaloa cartel.
Nov 6, 2019 · Their core business is the trafficking of cocaine, heroin, marijuana and synthetic drugs such as amphetamine – and they produce opioids such as fentanyl, the abuse of which is at epidemic levels in the United States. Their product makes its way by various means – including cars – across the border to the US.