Origin
The term cartel originated for alliances of enterprises roughly around 1880 in Germany. The name was imported into the Anglosphere during the 1930s. Before this, other, less precise terms were common to denominate cartels, for instance: association, combination, combine or pool. In the 1940s the name cartel got an Anti-German bias, being the economic system of the enemy. Cartels were the economic structure the American antitrust campaign struggled to ban globally.
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Famous quotes containing the word origin:
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