form a cartel

References in periodicals archive ?
Russia, Iran and Qatar are already dictating terms, so they don't need to form a cartel, but they will decide that," he told Utility Week, in a face-to-face interview.
The economic incentives of quasi-monopoly status and the power of collective bargaining in the industry are so great that the oil producing countries are much more apt to form a cartel and bear with the agonies of shared power.