1. Eichenwald, Kurt: The Informant
... price-setting simply because it was not necessary to either the producer or consumer; It was a scheme to make more profits quickly. The formation of a cartel under these market characteristics, would have enabled the cartel to gain overwhelming market power, and would not fail in the same sense as Chicago economists believe all cartels will eventually destroy themselves, or succumb ... one another to only sell in specific nations and to divide the U.S. market in shares (55%:45% Ajinomoto:Kyowa.) They had plants in the U.S., Europe, and throughout Asia. These lysine plants were all usin...
- Word Count: 1966
- Approx Pages: 8