Word: cartelizing
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...autobiography, Barriers Down, former Associated Press Chief Kent Cooper described how a cartel of European press agencies controlled all the news that flowed into and out of the U.S. until well into the 1930s. "It told the world about the Indians on the warpath in the West, lynchings in the South and bizarre crimes in the North ... nothing creditable to America ever was sent," Cooper complained...
...Western coverage of developing nations is shot through with colonial stereotypes; just as Europe's cartel once painted the U.S. as a land of scalpings, lynchings and ax murders, the Western press allegedly sees the Third World as a slough of coups, corruption and natural catastrophes...
...bigger cartel...
...Given the Arabs' weight in OPEC councils, it is almost certain that some price increase, possibly along the lines of the Saudi Arabians' suggestion of 5% on Jan. 1 followed by subsequent hikes of 2% or 3% at "relatively frequent intervals," will be adopted when all the cartel's members meet in Abu Dhabi in December...
...Arabs to Oslo in hopes of selling them some of the equipment and expertise they have developed in exploiting their own North Sea oil deposits. The Arabs, in turn, want the Norwegians, as well as other non-OPEC oil producers like Britain and Mexico, to link up with the cartel in some fashion, the better to expand its power to keep prices high. While the Norwegians emphasized that they had no intention of joining OPEC, Energy Minister Bjartmar Gjerde acknowledged the interest of his country in "prolonging" the benefits it has been getting from its North Sea reserves and noted...