A cartel is a group of independent businesses or organizations that come together to control the market for a specific product or service. By coordinating their actions, they can set prices, limit production, or divide markets to maximize profits. This often leads to reduced competition, which can harm consumers by keeping prices high and limiting choices. Cartels are often found in industries like oil, drugs, and agriculture. Governments around the world, including the United States and European Union, have laws against cartels because they undermine fair competition and can lead to economic harm. Detecting and dismantling cartels is a priority for regulatory agencies.