The OPEC organization is an example of an international cartel.

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OPEC is an international cartel comprising of 14 major oil-exporting countries that control approximately 44% of global oil production and 73% of the "proven" oil reserves, making it a dominant player in the oil market. The organization was formed in 1960 to coordinate and unify the policies of member countries to secure fair and stable prices for petroleum producers and a regular supply for consumers.

The OPEC Organization Is an Example of an International Cartel