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Folding Carton Price Fixing Case Reveals Wide Conspiracy
Federal prosecutors detail a vast cartel in the folding carton industry in which 23 corporations and 50 executives conspired to inflate prices for cartons used in toothpaste toys and TV dinners. Notes from Weyerhauser executive Roman Hencel show bid rigging price exchanges and threats to overcharge customers including Pillsbury and A&P. Sentences and fines varied with jail terms up to 60 days later reduced. the case marked the largest antitrust action since the Roosevelt era.
MENTIONED IN THIS ARTICLE
Washington
Federal Antitrust
Roman Hencel
Weyerhauser Corp
Hencel
Lowell Phillips
Weyerhauser
Electrical Industry
U.S
James B. Parsons
Chicago
Corpo
Parsons
D. Bruce Pearson
Pearson
Pillsbury Corp
Pillsbury
Ralston
Robert B. Woodruff
H.L. Chorpening
Michigan Carton Co
M.J. Wiersum
Hoerner Waldorf Corp
Gordon Dilno
Brown Co
Lowell
Larry Field
Field Container
Borden
Larry
Pitney Bowes
Pittsburg Bcp
Polar Chocolate
Lyons
Ill
St. Regis Paper Co
St. Regis
Tom
R. Harper Brown
Container Corp. of America
Brown
A&p