不ふ況きょうカルテル

noun

depression cartel; recession cartel

Economic term for a cartel formed during a downturn to limit production or stabilize prices, often with government involvement.

• 不ふ況きょうカルテルは、景けい気き後こう退たい期きに企き業ぎょうが協きょう調ちょうして生せい産さん調ちょう整せいを行おこなう仕し組くみだ。

  A depression cartel is a system in which companies coordinate production adjustments during a recession.

• 政せい府ふが不ふ況きょうカルテルの結けっ成せいを認にん可かした。

  The government authorized the formation of a recession cartel.