Word: cartel
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Dates: during 1940-1949
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News by Air. Tass's ancestral predecessor was the Czarist Russian Telegraph Agency, which worked hand-in-glove with the tight world news cartel promoted by England's Julius Reuter. In early Bolshevik days it was revived as Rosta; Tass, born in 1925, took over Rosta ten years later...
...manner reminiscent of the ways of the prewar rubber cartel, the U.S., Great Britain, The Netherlands and France sat down last week to talk rubber. When they got through talking, they had fixed a new world price for Far Eastern natural rubber at 23.5? a lb., a boost...
...against Inco, its wholly owned U.S. subsidiary, International Nickel Co. Inc., and three U.S. officers of both companies, President Robert C. Stanley, Executive Vice President John F. Thompson, Vice President Paul D. Merica. The charges: 1) conspiracy to prevent competition in the nickel industry, 2) fixing prices, 3) making cartel agreements with I. G. Farbenindustrie, A. G. and two French companies to prevent competition and peg prices in the world market. Said Justice: Inco had so increased its nickel shipments to Farben in 1937 that Germany had built up a stockpile of Canadian-mined nickel for the German war machine...
...objected that the proposed rates had been set without reference to actual operating costs. They were also much closer to the high rates favored by the British than to the low rates U.S. lines had glowingly promised. In effect, CAB said what most U.S. airmen knew: I.A.T.A.'s cartel-like system of fixing fares would freeze them at a high level...
Three speakers who have held critical positions in Washington, and one of the nation's foremost trust lawyers traded opinions and facts last night on "The Trust and Cartel Problem of the United States." The scene was the New Lecture Hall and the occasion the seventh and last Harvard Law School Forum for the term...