Meaning of recartelization | Babel Free
Definitions
The process of re-establishing a cartel or returning to a cartelized market structure.
Examples
“The West-German lobby of industrialists became bolder and bolder. Two months later (March⟳ 26, 1953) the New York Times reported that the lobby had succeeded in forcing the German Government to retreat still further by agreeing "in principle to permit⟳ a recartelization of industry..." under certain conditions. By accepting this proposal the Bonn Government has legalized the re-establishment of cartels and other types of monopolies in Germany.”
CEFR level
C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
This word is part of the CEFR C2 vocabulary — mastery level.
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