CARTELS: End of the Match Game

Ivar Kreuger, ill-famed Swedish match king, shot himself in a Paris apartment 14 years ago, but the evil that he did lived after him.* Not until this week were the effects of his slick cartel-making wiped out in the U.S. The end came in a consent decree in the Government antitrust suit against Kreuger's old Swedish Match Co. and six companies dominated by secretive U.S. Match King William Armstrong Fairburn. A Federal court in Manhattan ordered a stop to such cartel practices as: ¶ Dividing the world into noncompetitive markets. ¶...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!