Chocolate Cartel

The Chocolate Cartel refers to a group of major chocolate companies that coordinate to control the supply and pricing of cocoa, the primary ingredient in chocolate. By working together, they can influence market prices, limit competition, and ensure steady profits. This collaboration can sometimes lead to higher prices for consumers and impact cocoa farmers by keeping prices low for their products. The term highlights concerns about reduced market competition and the power large corporations hold within the global chocolate industry.