Word: cartel
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Dates: during 1960-1969
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...state-run European carriers, which dominate the International Air Transport Association, have traditionally argued for higher fares. The U.S. lines have long pressed for reduced rates, figuring that lower fares would attract more customers and ultimately increase profits. But the U.S. lines are a minority within the IATA cartel. Another complicating factor is that many airlines are going through financial turbulence and will soon be faced with paying for the giant 747 jets. U.S. carriers alone are committed to spend $5 billion for new planes and equipment...
...graciously decadent living. She feeds all the cats in her Paris suburb, writes daily letters to herself, lives in a mansion and worries equally about her 9-ft. feather boa and the loss, many years past, of her only lover. She would seem to be easy prey for a cartel of international shysters (Yul Brynner, Paul Henreid,* Charles Boyer, Donald Pleasence and Oscar Homolka among them) who have discovered oil under the old lady's property. But she will not be moved, and she wins the aid of some colorful companions-a ragpicker (Danny Kaye), a waitress (Nanette Newman...
...subtleties of U.S. antitrust policy were largely lost on the cartel-minded Europeans, who are used to far less severe trustbusting, if any at all. Die Welt of Hamburg voiced suspicion that the U.S. market is a closed shop to Europe. In Britain, which has never refused a U.S. oil company's application to enter its markets, the reaction was especially bitter. Some members of Parliament hinted at retaliation against U.S. business in Britain. Foreign Secretary Michael Stewart protested to Secretary of State William Rogers...
...striking feature of Brandt's team is its relative youth in a land where "Opa"?grandpa?was long presumed to know best. Ever since the trauma of the Nazi atrocities and World War II, Germans have shouldered a heavy burden of guilt?their "cartel...
...companies that chose to fight -American Standard, Kohler and Borg-Warner-were accused of conspiring to boost the prices of bathroom fixtures, collectively regulating trade discounts and agreeing to drop cheaper lines. The charges held that an informal cartel operated from...