What is a drug cartel?

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

What are the operating groups in a drug cartel?

There are other operating groups within the drug cartels. For example, the drug producers and suppliers, although not considered in the basic structure, are critical operators of any drug cartel, along with the smugglers, distributors, sales representatives, accountants and money launderers.

How did the cartel target the global market?

It was the global market which the international cartel targeted at through allocating the market and sales volume, restricting production capacities, fixing price, and preventing each member from giving a rebate or discount.

What is a competition Cartel?

Under the glossary of terms used in the EU Competition Policy, a cartel is defined as ‘an arrangement between competing firms designed to limit or eliminate competition between them, with the objective of increasing prices and profits of the participating companies and without producing any objective countervailing benefits.’ 30