cartel vs monopolist vs monopoly vs syndicate
The difference
| Word | Meaning | Goes with | Example |
|---|---|---|---|
| cartelnoun/kɑːrˈtel/ | Meaning a group of companies that agree to keep prices high and limit competition | Goes with oil cartel | Example The oil cartel decided to cut production to raise prices. |
| monopolistnoun/məˈnɑː.pə.lɪst/ | Meaning a person or company that controls all or almost all of a market, so customers have no other choice | Goes with act as a monopolist | Example The government accused the company of acting as a monopolist in the cell phone market. |
| monopolynoun/məˈnɑː.pəl.i/ | Meaning complete control of a market or service by one company, so others cannot compete | Goes with monopoly on | Example For years the state company had a monopoly on electricity supply. |
| syndicatenoun/ˈsɪn.də.kət/ | Meaning a group of people or companies working together for a shared business purpose, or a criminal organization | Goes with crime syndicate | Example Police broke up a drug syndicate operating across three countries. |
Which word fits?
1 of 8Pick the word for the gap. Its form may change in the sentence.
Water supply is often run by a natural .