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Allocation Cartel

Summary of Allocation Cartel

An agreement among firms in a particular industry by which each participant is assigned certain customers or areas within which it will be the exclusive or principal supplier.

(Main Author: William J. Miller)

Allocation Cartel and International Trade Economy

In relation to international trade economy, Christopher Mark (1993) provided the following definition of Allocation Cartel: An agreement among firms in a particular industry by which each participant is assigned certain customers or areas within which it will be the exclusive or primary supplier.