Law A-Level
Cartel
What Cartel means in Law A-Level, as defined for Pearson Edexcel.
Definition of Cartel
An agreement between businesses not to compete with each other, typically involving price-fixing or market sharing.
Topics that use Cartel
- The market (Pearson Edexcel A-Level)
Related terms
Using Cartel in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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