Collocations for racket - noun

appalling, frightful, hellish, terrible

make
Do you kids have to make such a terrible racket?

above/over the ~
He had to shout over the racket.

drugs, extortion, protection, smuggling

set up
He set up a protection racket and demanded thousands of pounds from local shopkeepers.

control, operate, run | be involved in

in a/the ~
the other people in this racket

~ in
a racket in stolen goods