Word: cartelism
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...Monopoly. The attitude of many a cartel-minded British bigwig, Benton reported, was epitomized by Lord McGowan, chairman of the potent Imperial Chemical Industries Ltd., and a director of General Motors, who said naively: "I see no hope for collaboration between British and American business unless the U.S. repeals its Sherman antitrust act. Can we in England look forward to that...
...under the Council to knit Europe into an economic whole. Key transport would be under central control; no more tariffs would be permitted within Europe, although each nation could still determine its own trade policy toward the rest of the world. Europe would have a central bank, investment authority, cartel policy, etc., all aimed at a common (not uniform) economic life...
...Headache. Behind those figures lies a complicated story which revolves very largely around a product which most Americans take for granted-aspirin. Back in the '20s, Sterling gave up struggling against German competition in that product in South America and concluded a cartel peace with I. G. Farben by which Sterling's two subsidiaries, Sydney Ross Co. and Sterling International, became Farben's selling agents. This combination made Sterling a chief commercial aid to the Nazis after war broke out in Europe, because Sterling had also agreed to supply I.G.'s Latin American market...
Last week the R.A.F. tried what it had rejected. Ninety-four Lancaster four-motored planes bombed the Schneider-Creusot gun works (chief works of the famed French trust & munitions cartel) and the Henri Paul power plant in daylight. There was no fighter protection. Only one bomber failed to return...
...Standard's pre-Hitler contracts with I. G. were a purchase and exchange of manufacturing information rather than a cartel carving up world markets...