30.04.2012 - Cartelisation blamed for rise in global commodity prices
Cartelisation is leading to volatility in global commodity markets and keeping the prices high, causing damage to countries like India which is heavily dependent on imports to meet energy requirements, a report said. A joint publication by NGO CUTS International and Centre for Economic Policy Research titled "Trade, competition and pricing of commodities" suggested that there was need for effective cooperation among countries to curb the menace of cartelisation...............................................Full Article: Source
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