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A cartel is a group of independent market participants who collude with each other as well as agreeing not to compete with each other in order to improve their profits and dominate the market. A cartel is an organization formed by producers to limit competition and increase prices by creating artificial shortages through low production quotas ...
A drug cartel is a criminal organization composed of independent drug lords who collude with each other in order to improve their profits and dominate the illegal drug trade. Drug cartels form with the purpose of controlling the supply of the illegal drug trade and maintaining prices at a high level. The formations of drug cartels are common in ...
3 days ago · Updated 10:14 PM PDT, July 25, 2024. WASHINGTON (AP) — Ismael “El Mayo” Zambada, a longtime leader of Mexico’s Sinaloa cartel, and Joaquín Guzmán López, a son of another infamous cartel leader, were arrested by U.S. authorities in Texas on Thursday, the U.S. Justice Department said. A leader of the powerful Sinaloa cartel for decades ...
Reuters/DEA. One of the world's most powerful drug lords, Ismael "El Mayo" Zambada, leader of Mexico's Sinaloa cartel, has been arrested by US federal agents in El Paso, Texas. Zambada, 76 ...
3 days ago · Authorities arrest two leaders of powerful drug cartel, DOJ says 01:25. The leader of Mexico's notorious Sinaloa cartel, along with a son of Joaquin "El Chapo" Guzman, were arrested Thursday by ...
May 19, 2023 · A cartel is a collection of independent businesses or organizations that collude to manipulate the price of a product or service. Cartels are competitors in the same industry and seek...
1. : a written agreement between belligerent nations. 2. : a combination of independent commercial or industrial enterprises designed to limit competition or fix prices. illegal drug cartels. 3. : a combination of political groups for common action.
3 days ago · Santiago Billy / AP. When a 72-year-old Mexican farmer heard the bullets from the most recent cartel shootout landing close to his home, he knew it was time to go. He collected his children and ...
Sep 7, 2022 · The cartels and the drug trade fuel rampant corruption and violence in Mexico, contributing to tens of thousands of homicides in the country each year. Since Mexico launched a war on the...
4 days ago · Two top leaders of Mexico's Sinaloa Cartel were arrested by U.S. authorities in El Paso, Texas, on Thursday the Department of Justice announced.. The big picture: Cartel co-founder Ismael Zambada García, known as "El Mayo," and Joaquín Guzmán López, a son of imprisoned drug lord Joaquín "El Chapo" Guzmán, are allegedly among Mexico's most powerful drug traffickers.
