Word: cartelizing
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...penchant for double-breasted waistcoats, he has a personal charm that smooths all paths for him. His business abilities were established beyond cavil by his spectacular rise in the metals industry, wherein he first became manager of the giant British Metal Corp. and then fathered a world tin cartel...
...Variety reported in January that the Justice Department's Antitrust Division was investigating pending Rank deals "in the belief that the first world cartel" in motion pictures "may be in the making." Last week the Antitrust Division denied that any such investigation was under...
Should U.S. firms be permitted to join international cartels in order to expand foreign trade? The Justice Department's Antitrust Division has invariably answered this prime postwar question with a definite "no." Last week a top U.S. businessman answered with a qualified "yes." Up before a Senate subcommittee stepped grey, urbane Ralph W. Gallagher, 63, president of Standard Oil of New Jersey. He had asked to be heard on the bill sponsored by Wyoming's Senator Joseph O'Mahoney, requiring registration of international cartel agreements. Said President Gallagher: Standard Oil agrees "in principle" with the bill. Standard...
...agreement placed a flat ban on "collusive cartel" deals. This was an important concession from the British, whose policy in the Middle East restricted production on several important concessions and tied up markets in western Europe and India in prewar days...
...Diamond. Besides Fairburn and five other match kings, this week's antitrust action named the five top U.S. match producers (starting with Diamond and all allegedly controlled by it) who account for 83% of all U.S. production, plus two British, one Canadian, and three Swedish companies. This cartel, charged Justice, controls some 75% of the world's match business (the Japanese* and the Russians handle most of the rest). Its members have divided up the world among themselves and, except in rare spasms of greed, scrupulously refrain from trespassing on each other's preserves...