Word: cartelism
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...basis of the suit is the smell of a cartel. Web sites of individual airlines have long contained fares not available on, say, Expedia - a legitimate move designed to draw customers and thus avoid having to pay commissions to the independent agents. However, opponents say, if the Big Five get together, they are likely to offer such fares on their own combination site, thus providing an online petri dish for anticompetitive collusion. At first, say critics, those fares will beat those of their competitors, but once the competitors are forced into submission - either by bankruptcy...
...blame OPEC - at least not completely. The oil-producer cartel hasn't stuck with its pledge to cut production by 1.5 million barrels a day in March, and analysts don't expect the 1 million-barrel reduction promised for April to be as steep as advertised either. Crude oil inventories in the U.S. are up nearly 5 percent from a year ago, to 313 million barrels - but gasoline inventories stand at 192.8 million barrels, a drop of 6.2 percent from this time last year and the lowest springtime level since...
...first, the collapse of the scholarship cartel seemed a good thing. With tuition at private colleges soaring nearly 75% during the 1990s alone, a little price competition among them seemed in order. In fact, market forces had been at work in college admissions for at least a couple of decades among the less competitive institutions, some of which needed to charge lower prices just to fill their classrooms. But since the lawsuit, a growing number of selective colleges--those whose applicants outnumber their available slots--have begun offering financial incentives regardless of need...
...first, the collapse of the scholarship cartel seemed a good thing. With tuition at private colleges soaring nearly 75% during the 1990s alone, a little price competition among them seemed in order. In fact, market forces had been at work in college admissions for at least a couple of decades among the less competitive institutions, some of which needed to charge lower prices just to fill their classrooms. But since the lawsuit, a growing number of selective colleges--those whose applicants outnumber their available slots--have begun offering financial incentives regardless of need...
Deane dispatched a team of investigators to "the Track," a section of Atlanta's notorious Metropolitan Parkway, to do some digging. They soon discovered that the pimps specializing in underage girls weren't just independent street-corner operators but a loose organization that worked like a cartel. According to the government's indictment, the pimps relied on each other for condoms and drugs, routinely traded girls and even collaborated on professionally produced training films for fellow pimps and their young prostitutes, with such titles as Really Really Pimping in Da South and Pimpology. They also equipped their charges with fake...