Word: cartels
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...producers to maintain a $16-a-ton price throughout the depression. ¶ An electrical cartel managed to manipulate the radio-tube business in such a way that "until 1939, Canadian consumers were deprived of low-priced radio sets of a type which had been available in the U.S. for a considerable period." ¶When the U.S. General Electric Co. and the German Krupp interests made an agreement on the sale of cemented tungsten carbide (for machine tools), Canadian importers could buy it only from G.E., which raised the price from $50 a pound to $453. After the U.S. Government indicted...
...only people who benefit from such deals, said Investigator McGregor's report, are the producers: they are guaranteed exclusive markets and fixed, high prices. Canada, he found, has suffered because it is an exporting nation, and "cartel agreements are ... restrictive...
Apparently certain financial interests had been attempting to get control of Eldorado's uranium and to sell it, contrary to wartime metals regulations, for private profit. There were, moreover, reasons to suspect that attempts had been made to form an international uranium cartel involving Eldorado and Belgian Congo uranium interests. To get at the facts, a Toronto chartered accountant, J. Grant Glassco, had been appointed last May as chief investigator...
...billion, which the British would accept only if they had plenty of time to pay and if interest rates were low or merely nominal. The U.S., anxious to get partner Britain back on her feet, had conditions, too: 1) modification of Britain's pro-cartel policy; 2) scaling-down of Britain's debts by the countries of the sterling group; 3) relaxation of Empire trade preferences...
...Philips stayed on its neutral feet. In 1919, it began its characteristic way of doing business. The first was an exclusive cross-licensing of light-bulb patents with General Electric. Then followed a truce with the German lamp trust, Osram, and the formation, in 1924, of the giant Phoebus cartel, to control the sale of lamp bulbs throughout the world. This included companies in Britain, France, Germany and Japan, and American-owned foreign companies. Phoebus "stabilized" prices at a high level, roughly four times higher than...