Latest Cartel Stories
Samsung, Infineon and Toshiba are at the top of the list of the worldâ€™s biggest memory chip makers being fined a total of 403 million US dollars by the European Commission on Wednesday for operating an illegal union, or cartel.
The warring drug cartels along Mexicoâ€™s border region have begun spreading their violence from the streets to the internet, as drug bosses post brags, threats and gruesome videos to chat rooms and websites.
U.S. actor Sean Penn is in talks to headline the action drama Cartel, which will mark the dramatic feature directing debut of Asger Leth, Variety.com said. Penn won an Oscar for his portrayal of gay rights activist Harvey Milk in the best picture contender Milk last month.
By Barbara Hagenbaugh WASHINGTON -- Citing a deteriorating world economy, OPEC on Thursday called a special meeting for next month to consider options. The announcement suggests the cartel will likely cut production in a bid to put a floor under rapidly falling oil prices.
MOSCOW. July 22 (Interfax) - The U.S. is against the idea of setting up a gas cartel similar to OPEC, U.S. Special Envoy for Eurasian Energy Boyden Gray told Interfax. "We are not in favor of cartels of any kind," Gray said.
EU fines aluminum fluoride producers for price fixing BRUSSELS, June 25 (Xinhua) -- The European Commission Wednesday fined aluminum fluoride producers 4.97 million euros (7.7 million U.S. dollars) for price fixing.
OTTAWA (Reuters) - Canada's antitrust watchdog has obtained a prohibition order against Sotheby's auction house aimed at preventing it from illegal price-fixing schemes like the one it engaged in with Christie's six years ago.
- A trick or prank.