{"id":11828,"date":"2014-12-12T09:00:51","date_gmt":"2014-12-12T14:00:51","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=11828"},"modified":"2014-12-12T07:32:42","modified_gmt":"2014-12-12T12:32:42","slug":"the-envelope-cartel-has-finally-finally-been-brought-to-justice","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2014\/the-envelope-cartel-has-finally-finally-been-brought-to-justice\/","title":{"rendered":"The Envelope Cartel Has Finally, Finally Been Brought To Justice"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/12\/121214_1230_TheEnvelope1.jpg\" alt=\"\" width=\"640\" height=\"514\" \/><\/p>\n<p>Hanna Kozlowska wrote about the European Commission&#8217;s tireless efforts to protect consumers:<\/p>\n<ul>\n<li>Bong, GPV, Hamelin, Mayer Kuvert and Tompla are five envelope makers who illegally coordinated prices and divided up markets between them.<\/li>\n<li>They have been fined $24 million for price gouging Europeans at their local holiday card stores.<\/li>\n<li>The price fixing happened during meetings that the participants called &#8220;golfing&#8221;.<\/li>\n<li>The European Commission has handed out $2 billion in cartel fines in 2014, including a $953 million fine for &#8220;automotive bearings&#8221; price fixing.<\/li>\n<\/ul>\n<p>Read about some of the other quirky cartels that the Commission has targeted, the puns that the EC&#8217;s Commissioner used to describe the fine, and more over <a href=\"http:\/\/qz.com\/310916\/european-commission-stamps-out-a-cartel-for-envelopes\/\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/qz.com\/310916\/european-commission-stamps-out-a-cartel-for-envelopes\/\">Quartz<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hanna Kozlowska wrote about the European Commission&#8217;s tireless efforts to protect consumers: Bong, GPV, Hamelin, Mayer Kuvert and Tompla are five envelope makers who illegally coordinated prices and divided up markets between them. They have been fined $24 million for price gouging Europeans at their local holiday card stores. The price fixing happened during meetings [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11827,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/12\/121214_1230_TheEnvelope1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/11828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=11828"}],"version-history":[{"count":3,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/11828\/revisions"}],"predecessor-version":[{"id":11831,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/11828\/revisions\/11831"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/11827"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=11828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=11828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=11828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}