noun
depression cartel; recession cartel
Economic term for a cartel formed during a downturn to limit production or stabilize prices, often with government involvement.
不況カルテルは、景気後退期に企業が協調して生産調整を行う仕組みだ。
A depression cartel is a system in which companies coordinate production adjustments during a recession.
政府が不況カルテルの結成を認可した。
The government authorized the formation of a recession cartel.