Word: cartellization
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...objected that the proposed rates had been set without reference to actual operating costs. They were also much closer to the high rates favored by the British than to the low rates U.S. lines had glowingly promised. In effect, CAB said what most U.S. airmen knew: I.A.T.A.'s cartel-like system of fixing fares would freeze them at a high level...
Three speakers who have held critical positions in Washington, and one of the nation's foremost trust lawyers traded opinions and facts last night on "The Trust and Cartel Problem of the United States." The scene was the New Lecture Hall and the occasion the seventh and last Harvard Law School Forum for the term...
...Davis, former chairman of the War Labor Board, and Judge Ewin Davis, present chairman of the Federal Trade Commission, will be the featured speakers at the tenth weekly Law School Forum in New Lecture Hall tomorrow night at 8 o'clock. The subject will be "The Trust and Cartel Problem in the United States...
...satisfied with the workings of the pact's rate-fixing machinery. The International Air Transport Association had set transatlantic fares at $360, far above the tempting low fares U.S. lines had promised. This revived CAB's earlier fears that I.A.T.A. was but a well-disguised high-fare cartel. Said CAB Chairman L. Welch Pogue: "It seems incredible that people should get together in a fare conference . . . and that nobody should have made a proposal other than the one actually agreed upon...
Ivar Kreuger, ill-famed Swedish match king, shot himself in a Paris apartment 14 years ago, but the evil that he did lived after him.* Not until this week were the effects of his slick cartel-making wiped out in the U.S. The end came in a consent decree in the Government antitrust suit against Kreuger's old Swedish Match Co. and six companies dominated by secretive U.S. Match King William Armstrong Fairburn. A Federal court in Manhattan ordered a stop to such cartel practices as: ¶ Dividing the world into noncompetitive markets. ¶ Restricting production. ¶ Fixing prices...