Word: cartelizing
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...Datsuns (37 h.p., 40 m.p.g.) that sell for $1,616, plans this month to bring in a still lower-priced model, next month to ship quarter-ton pickups and midget station wagons (50 h.p., 40 m.p.g.) to sell for about $1,600. Osaka's giant Daihatsu cartel has started to sell its three-wheeled midget pickup truck called Trimobile. U.S. price...
...present heir fairly apparent is a great advocate of free enterprise within certain limits set by the state, such as anti-cartel policy. He popularized his Social-Market Economy, a synthesis of welfare coverage and a high degree of freedom for German businesses. Erhard's stocky form and cigar seem almost symbolic of the sucess which rewarded West German reconstruction efforts...
...deals which "are important to the Foreign Aid Program." A U.S. company should be able to make a deal with a foreign firm, get approval from the State and Justice Departments and then feel confident that the trustbusters will not come chasing ten years later, hollering monopoly or cartel...
...becoming a cut-rate liquor store. The dangers inherent in making large quantities of intoxicating beverages available to the masses is quite as obvious as the inadvisability of serving firewater to Indians. Uncouth and boorish fellows are partially restrained by the high prices set by the international liquor cartel and the tax policy of the Federal government. Anything done to disturb this delicate balance would unleash nightmares of drunkeness and debauchery such as are seldom seen, even in Cambridge...
...stabilization plan for sugar has worked reasonably well. But restrictions on metals present greater problems, largely because of wide variances in production costs. Canada is reluctant to enter a lead and zinc cartel because her mining economy is booming, would prefer a free market in which high-cost producers, such as in the U.S., would be eliminated. Says W. S. Kirkpatrick, executive vice president of Canada's Consolidated Mining & Smelting: "The only real cure is to reduce output by closing down the high-cost producing mines. The natural economic law of supply and demand should be allowed to work...