Word: cartelizing
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...Conant "has licensed a pure sensation sheet," cried the pro-Christian Democratic Der Abend. "A sensational, apolitical paper lulls to sleep the will to remain free." Conant quickly replied to the protest that "my refusal to grant such a license could be construed as protection of an existing quasi-cartel." BZ's Editor Wilhelm Schulze, who ran the paper before Goebbels named his successor, hoped to get half a million readers again by sticking to BZ's old formula. Said Editor Schulze: "I want to provide lively reading for everyone from the Direktor down to the Hausfrau...
West German businessmen, like most of their colleagues in Europe, favor some sort of cartel as an aid to doing business. Last week they thought they saw a ray of hope. In 1950, the Allied High Commission had split Germany's Vereinigte Stahlwerke A.G. (United Steel Works Corp.), which once produced and sold 40% of the nation's steel and 20% of its coal, into 18 different companies; one of them was the marketing company and that, in turn, was to be split...
Last year he introduced a tough anti-cartel bill to prohibit associations formed to fix prices, but the bill was lobbied out of the Bundestag. Erhard, who is expected to introduce another bill soon, said last week that he would get even tougher in the future...
This week, trying to regain ground and to stall off further trouble, the Laniel government reached an agreement with Paris butchers for a 10% price reduction on steaks and cheaper cuts of meat. By means of similar deals with cartel trade associations, the government hopes to get 5% to 10% price reductions on other food, household goods, linen and clothes...
...Italy, which still has to depend on high-priced foreign scrap, gets a subsidy from the other Schumania nations to make up the difference. At first, France's government tried to buck the common market with its own cartel designed to limit exports, but yielded when Monnet put his foot down...