Word: cartelizing
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...without dire peril. This is the same fallacy that expresses itself in the old saying, "There are only so many slices in the cake." Some businessmen say this when they decide that their markets cannot be expanded and, therefore, should be divided among them in quotas set by their cartel. Some labor unions decide that there are only so many jobs to be divided, and therefore oppose labor-saving devices...
...Tungsten Cartel. A federal district court found General Electric, two of its subsidiaries, and three of their officials guilty in an antitrust suit of conspiring with Germany's Krupp between 1927 and 1940 to monopolize world trade in tungsten and other hard metals. G.E., planning an appeal, claimed that "the law applicable to situations of this kind is in a state of utter chaos...
...monopolize trade between Atlantic Coast ports and the Far East by setting higher rates for customers who did not give them all their business. In another suit, it accused Decca Records, Inc. and its British counterpart, Decca Record Co., Ltd , of trying to divide world markets by "conspiracy and cartel agreements" in violation of the antitrust laws...
Widow's Mite. As the dowager empress of tin, Albina will not have as easy a time as her ruthless husband in his heyday. Through the world cartel he created with the British and Dutch (in 1930), he could squeeze the Unless, smelterless U.S. (which normally consumes more than half of world tin production). But in World War II, when Simon was too friendly with the Nazis for British comfort, the cartel came apart. Alarmed, Patino tried to get back into U.S. good graces. Later, Chase National Bank's Vice President Joseph C. Rovensky became chairman...
...hopes to keep the world cartel from reforming. Moreover, since the richer Malayan mines can turn out better ore at lower cost than Bolivia, Albina has no assurance that the British would want it. But the U.S. is in no position to fight tin producers...