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1. an association of business enterprises or individuals organized to undertake a joint project requiring considerable capital
2. any association formed to carry out an enterprise or enterprises of common interest to its members
3. a board of syndics or the office of syndic
4. (in Italy under the Fascists) a local organization of employers or employees



(1) One form of monopolistic, cartel-type agreement, aimed at establishing control over the market primarily of a single, mass-produced product and made for the purpose of eliminating competition between monopolies in the marketing and purchasing of raw materials and, thus, for the purpose of obtaining the greatest profit (seeCARTEL). Syndicate members sell their products and purchase their raw materials through a single sales office. The sales office receives all orders and distributes them in accordance with the quotas agreed upon by the monopolies, which deliver their commodities to the office at a price previously agreed on. Syndicate members maintain their independence as far as production and legal status are concerned; in contrast to a cartel, however, they lose their commercial independence.

Syndicates flourished in the early 20th century until World War II in Germany, France, and other countries, mostly in the extractive industries. Interwar Germany had several hundred syndicates, the largest being the Rhine-Westphalia Coal Syndicate and the German Potash Syndicate. Prerevolutionary Russia also had syndicates, such as Prodamet (metallurgy), Produ-gol’ (Donets Basin coal), and Med’ (copper), which controlled the marketing of as much as 90 percent of production in the corresponding branches of industry.

Syndicates, as a form of monopolistic agreement within a given branch of industry, have lost their former importance. Antitrust laws have limited horizontal concentration, that is, concentration within a given branch of industry, and high levels of monopolization prevail in most such branches; thus, other, more flexible forms of monopolistic agreement have come into use (seeCAPITALIST MONOPOLIES).

(2) In the USSR, during the period of the New Economic Policy, a type of economic organization that combined a group of industrial trusts for the wholesale marketing of production, the purchasing of raw materials, and the planning of trade operations. The first Soviet syndicate—the All-Union Textile Syndicate—was created in 1922; in the period 1922–28 a total of 23 syndicates were in operation. Syndicates were eliminated in 1929 and 1930.


Lenin, V. I. Imperializm, kak vysshaia stadiia kapitalizma. In Poln. sobr. soch., 5th ed., vol. 27.
Hilferding, R. Finansovyi kapital. Moscow, 1959. (Translated from German.)
Motylev, V. E. Finansovyi kapital i ego organizatsionnye formy. Moscow, 1959.
Khmel’nitskaia, E. L. Ocherki sovremennoi monopolii. Moscow, 1971.



organized crime unit throughout major cities of the United States. [Am. Hist.: NCE, 2018]
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The Press Syndicate will provide its final opinion regarding the new list of sanctions issued by the Supreme Media Council (SMC) in accordance with the constitution, said Egypt's newly-elected Head of the Press Syndicate, Diaa Rashwan, in his first media statement as the newly elected head on Tuesday.
Beazley Syndicate 3623 topped the league table of those Lloyd's syndicates that have embraced electronic placement via the platform, said the PPL board, which released its first "adoption table" of statistics and rankings.
Lourdes Mangaoang, is being used by the drug syndicates to divert attention from the main issue.
The ministry also vowed to abolish taxi syndicates.
The Specie Consortium lead syndicate that underwrites the risk will be responsible for ongoing service, including contract negotiations, throughout the policy period and oversee claims handling on behalf of the client to assure continuity' and efficiency.
"Those syndicates that have had petitions for withdrawal in for a period of time have all individually made their reasons known in the press in the past."
Unfortunately I know of too many instances where enthusiastic lovers of horseracing have come into syndicates, had a disappointing experience and been lost to the sport.
Damascus, (SANA) - Prime Minister Adel Safar on Tuesday highlighted the role of Syrian Doctors Syndicate in drawing the health policies, raising health awareness and suggesting new mechanisms and visions for benefiting from the hospitals and health centers in an optimal way, in addition to upgrading the quality of the services provided to the citizens.
Best expects an improvement in syndicate 510's combined ratio in 2009 (101 per cent in 2008).
CNS syndicates its content via packages and individually.
Kenneth Curtis, finance director of Chaucer Syndicates Ltd., the main operating subsidiary of Chaucer Holdings, agreed that the change to U.K.
Just 86 syndicates will be doing business at Lloyd's this year, compared with 108 last year and more than 279 a decade ago.