cartel contract (عَقْدُ الْكَاْرْتِل)

cartel contract (عَقْدُ الْكَاْرْتِل)


الفقه

التعريف :


That a number of commercial companies with similar types of production agree to fix the prices of their product and to assign areas of operation to the participating companies, in order to achieve high rates of profit. The word ‘cartel’ is of Latin origin and means covenant.