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Last updated on April 17, 2014 at 16:21 EDT

Latest Cartel Stories

2008-07-22 21:00:34

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. "I have been told [and] taught for some time that natural gas is not a natural product for such a cartel like [an] entity in part because it's not yet a fungible commodity. I've been in Qatar where they are quite explicit - the Qataris are - because of the long- term...

2008-06-27 09:02:54

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. Six companies from Italy, Switzerland, Tunisia, Mexico and Norway were found to have set worldwide target prices and divided markets in the second half of 2000, creating a cartel. The Commission said its investigation was triggered by an application for immunity from...

2006-08-28 11:51:18

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. The Competition Bureau obtained the order from the Federal Court of Canada, barring Sotheby's and Sotheby's Canada -- based in New York and Toronto, respectively -- from fixing prices with rivals for international auctions, and forcing the company to inform...