Cartel

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Perry
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Cartel

Postby Perry » Mon Apr 23, 2007 4:24 pm

cartel
1560, "a written challenge," from M.Fr. cartel, from It. cartello, dim. of carta "card." It came to mean "written agreement between challengers" (1692). Sense of "a commercial trust" comes 1902, via Ger. Kartell.
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Slava
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Postby Slava » Sun Jul 18, 2010 8:31 pm

Hmm, "a written agreement between challengers." Interesting that "fixing" the match used to be on paper. Then again, isn't that really what modern cartels do? Though subject to cheating and other vagaries, cartels like OPEC control a large supply of something people want. They joined together to massage the benefits to themselves.
Life is like playing chess with chessmen who each have thoughts and feelings and motives of their own.


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