Quick Answer: What Does Cartel Mean In English?

What does drug cartel mean?

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.

Since the 1980s, they have dominated the international narcotics trade..

Who is the biggest drug lord in Colombia today?

Guzmán is the kingpin of the Sinaloa Cartel, the source of the largest percentage of drugs imported into the United States every year: cocaine, marijuana, methamphetamine, and heroin, all delivered by the ton through elaborate land and air distribution channels.

What are the main cartels in Mexico?

Cartels:Sinaloa Cartel.Gulf Cartel. Los Metros.Knights Templar Cartel. (2011–2017)La Familia Michoacana. (2007–2011)Santa Rosa de Lima Cartel.Los Zetas.Juárez Cartel.Milenio Cartel. (2006–2012)More items…

What is another word for cartel?

SYNONYMS FOR cartel 1 monopoly, merger, combination.

Who is the biggest cartel now?

Sinaloa CartelAs of 2017, the Sinaloa Cartel is the most active drug cartel involved in smuggling illicit drugs into the United States and trafficking them throughout the country.

Who is the biggest drug lord 2020?

On 24 June 2020, it was revealed that Zambada had been willing to give former top Mexican drug lords Rafael and Miguel Caro Quintero high ranking positions in the Sinaloa Cartel if they agreed to join.

What is meaning of consortium?

A consortium (plural: consortia) is an association of two or more individuals, companies, organizations or governments (or any combination of these entities) with the objective of participating in a common activity or pooling their resources for achieving a common goal.

What is the purpose of a cartel?

Cartel, association of independent firms or individuals for the purpose of exerting some form of restrictive or monopolistic influence on the production or sale of a commodity. The most common arrangements are aimed at regulating prices or output or dividing up markets.

What Colombian cartels are still active?

Cocaine & heroin cartels (late 1970s-Present)Medellín Cartel (1976–1993)Cali Cartel (1977−1998)Norte del Valle Cartel (1990−2012)North Coast Cartel (1999−2004)

What makes a cartel successful?

Successful cartels depend on the ability of members to overcome two challenges: (1) coordinating an agreement amongst themselves (selecting and coordinating profitable collusive pricing strategies and monitoring behavior to prevent defection) and (2) deterring the entry of other firms into the market (see for instance …

How dangerous is Mexico?

Assault and theft make up the vast majority of crimes. While urban areas tend to have higher crime rates, as is typical in most countries, the United States–Mexico border has also been a problematic area. … Mexico is Latin America’s most dangerous country for journalists according to the Global Criminality Index 2016.

Where is El Chapo now?

El Chapo is now an inmate at United States Penitentiary Administrative Maximum Facility (ADX) in Florence, Colorado.

What is the goal of a cartel?

In economics, a cartel is a group of formerly independent companies who overtly agree to work together. The objectives of cartels are to increase their profits or to stabilize market sales. They do this by fixing the price of goods, by limiting market supply or by other means.

How do cartels manipulate the price of oil and gas?

OPEC and Russia together controlled enough of global oil production that they could force a price increase by cutting output (a classic example of market manipulation by a cartel). … When prices fall, oil-reliant nations still have incentives to defect because increasing production can alleviate revenue shortfalls.

What does a cartel mean?

A cartel is an organization created from a formal agreement between a group of producers of a good or service to regulate supply in order to regulate or manipulate prices.

Why is it called a cartel?

The word cartel comes from the Italian word cartello, which means a “leaf of paper” or “placard”. … In English, the word was originally used for a written agreement between warring nations to regulate the treatment and exchange of prisoners.

What is an example of a cartel?

A cartel is defined as a group of firms that gets together to make output and price decisions. … The organization of petroleum‐exporting countries (OPEC) is perhaps the best‐known example of an international cartel; OPEC members meet regularly to decide how much oil each member of the cartel will be allowed to produce.