Word: cartelism
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...about 75% of production, or one of the great steel mills that consume the ore obtained from his Swedish mines. Last week the reason was clear. In the past there had been but two factors in the German match market. One was Swedish Match, the other the government-protected cartel* of independent manufacturers. Recently a new, disturbing agent had appeared. Matches from the vast timberlands of Russia were underselling the western manufactured product. It appeared evident that Matchmaker Kreuger had come to establish a 100% monopoly in Germany as he had done in other countries. Indignant, the patriotic German press...
...cartel is an association of independent manufacturers formed for the purpose of eliminating competition...
Stimulated by the success of liberals in England and Japan (see p. 25), Socialists, members of the Left Cartel in the Chamber of Deputies spent a busy week trying to overthrow the Poincaré government...
...European nitrogen industry convincingly demonstrated the superiority of mind over matter. Prices of nitrate vary with each port of delivery. The immediate result of the international agreement will be a 5% reduction in prices. U. S. ports, however, are open markets. U. S. nitrate producers were excluded from the cartel because price-fixing is contrary to U. S. anti-trust laws...
...head of Compagnie Aramayo de Mines en Bolivia, great Bolivian tin property. About 80% of British tin producers will be represented in the price control movement and Señior Aramayo's participation is expected to insure support of Bolivian tinmen. Dutch producers have not joined the cartel but are considered sympathetic toward its purpose...