BIKE: Gimme or else!

KingLeo1 KingLeo1
Mon Apr 18 10:23:35 PDT 2005


> WASHINGTON : Dubbed "NOPEC", a bill passed by the US Senate Judiciary  
Committee would allow legal action to be taken against cartels such as  
OPEC, said Senator Patrick Leahy, one of the bill's co-sponsors. <
 
Well, ya know... I've always thought how what OPEC does --  various  
producers meeting for the express purpose of fixing prices -- would  not be allowed to 
happen in the US, because it would be blatantly in violation  of US Anti 
Trust regulations.  The fact that none of the OPEC entites are  on US soil has 
made it rather difficult to prosecute them with any of our  internal laws.  
However, given the propensity of lawyer-types to try and  maniuplate reality, it 
will be interesting to see what comes of this  effort.
 
 James
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