Study offers new view of how cartels work

Suppose you were building a cartel—a group of business interests who coordinate to fix high prices that consumers must pay. How would you design it? Received economic wisdom says transparency among cartel members is crucial: ...

US demanding harsh penalties for price fixers (Update)

(AP)—The U.S. Department of Justice is demanding that a Taiwanese company pay a $1 billion fine and two former top executives each serve 10 years in prison for their central roles in what prosecutors called the most serious ...

EU launches probe into suspected chipmaker cartel

EU anti-trust authorities announced on Monday a formal cartel probe into smartcard chipmakers—the motors for everything from bank and mobile SIM cards to electronic ID papers, after talks aimed at securing an amicable settlement ...

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