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Word: cartelizing (lookup in dictionary) (lookup stats)
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...market so tightly wrapped that it 1) got more than $46 million of last year's $62 million total sales, 2) imposed production restrictions on American Viscose Corp.'s Sylvania division, its only competitor in the U.S., and 3) divided the world market with a four-nation cartel. Sonnett asked the court to make Du Pont sell enough plants to permit competition. Du Pont denied...

Author: /time Magazine | Title: Facts & Figures, Dec. 22, 1947 | 12/22/1947 | See Source »

...been invented in 1931 by Dr. Ferdinand Ringer, a Viennese chemist. It was bought up for $400,000-and filed away-by the late match king, Ivar Kreuger. Subsequently, Dr. Ringer came to the U.S., and when a federal court broke up the remnants of Kreuger's old cartel in 1946, the match was again available...

Author: /time Magazine | Title: NEW PRODUCTS: Blow Your Own | 9/22/1947 | See Source »

...Britain's diamond cartel, a most disturbing thing had happened in 1941. A fabulously rich diamond bed was discovered in Tanganyika, Africa. It was eight times larger than South Africa's famed Premier Mine, previously the world's largest, and thus big enough to break the cartel's tight control of the diamond market. Even more worrisome to the cartel were signs that the new bed's discoverer, a bearded, scholarly Canadian named John Thorburn Williamson, 40, did not intend to join the cartel...

Author: /time Magazine | Title: MINING: Diamond Cut Diamond | 8/11/1947 | See Source »

This prompted renewed efforts by the vulnerable cartel to woo Williamson. But he cold-shouldered them as he had all outside society, turned down offers to sell reportedly ranging from $20 to $80 million...

Author: /time Magazine | Title: MINING: Diamond Cut Diamond | 8/11/1947 | See Source »

Last week, after months of iron-curtained negotiations, the cartel finally won out. Britain's Colonial Secretary, Arthur Creech Jones, announced in the House of Commons that Williamson Diamond Corp., Ltd. and two smaller Tanganyika producers had agreed to market their output only through the Diamond Trading Co., Ltd., selling agent for the syndicate...

Author: /time Magazine | Title: MINING: Diamond Cut Diamond | 8/11/1947 | See Source »

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