Word: cartels
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Dates: during 1940-1949
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...sunshine, their great news chains were hotly & heavily invading each other's domains. Reuters had signed up its 44th U.S. client. A.P. had picked up 20 new newspapers in Turkey and was expanding in Europe and India, once Reuters' strongholds. Amid the ruins of the 19th-Century cartel that Reuters had ruled, a free-for-all was shaping up. Boyish Christopher Chancellor faced a man-sized...
...announcement after another, the U.S. Army has liquidated that part of I. G. Farbenindustrie in its zone. Some plants of the globe-girdling cartel were actually destroyed. But others kept right on making civilian products. To Germans, remembering the resurrection of German big business after World War I, all this was hopeful. With few consumer goods available, they began buying Farben stock on the Munich and Frankfurt exchanges. In three months it high-tailed up from 68% of par to 141½, and then dropped back...
...still firm against fare fixing by I.A.T.A., had certainly won popular support. It had proved that free competition would bring lower fares than any I.A.T.A. devised cartel plan...
...plumpish, round-faced colonel, just back from Germany, appeared last week before the Senate's cartel investigating committee. In the voluminous charts and documents under his arm, Colonel Bernard Bernstein, onetime U.S. Treasury aide and now head of the Army's cartel investigations, had all that the Army has learned about Germany's world-girdling I.G. Farben, and he wanted to warn U.S. industrialists what they are still up against...
Without I.G., said he, Germany could not have waged the war at all. Abroad, I.G. had "cartel arrangements" with 2,000 companies, used them to help the Nazis. At home, besides its own plants, I.G. controlled another 380 German firms. As armorer for the Nazis, I.G. made all of Germany's synthetic rubber and lubricating oil; 95% of its poison gases (Farben tested them on concentration camp inmates); 90% of the nickel; 88% of the magnesium, most of the gasoline and explosives for the buzz-bombs...