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The aluminum price-fixing conspiracy is an alleged attempt by Goldman Sachs Group Inc., JPMorgan Chase & amp; Co, Glencore Xstrata and their warehouse companies to inflame aluminum prices by creating artificial supply shortages in their warehouses between 2010 and 2013. On July 20, 2013 the New York Times published an article outlining a scheme that then brought attention to the US Department of Justice. The New York Times went on to estimate that the defendants' actions weighed on American consumers nearly $ 5 billion over its duration.
Video Aluminium price-fixing conspiracy
See also
- Lysine price-fixing conspiracy
Maps Aluminium price-fixing conspiracy
References
Source of the article : Wikipedia
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