The Motley Fool Discussion Boards

Previous Page

Canadian Investing / Canada (General)

URL:  http://boards.fool.com/price-fixing-30419273.aspx

Subject:  Price fixing Date:  12/7/2012  1:47 PM
Author:  tyska Number:  63107 of 63849

http://finance.yahoo.com/news/global-cartels-fixed-display-p...
"They met on golf courses across Europe and Asia. Executives from Philips Electronics NV, Panasonic Corp. and five other global electronics companies hatched plans on the links to manipulate prices of television and computer tubes in cartels described by European regulators as among the most organized they had investigated."

If it can be done with television tubes, makes one wonder if they could do it with something like maybe gas.

Dan
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us