WSJ reports on price-fixing scandals in rubber industry
A long report into the price-fixing investigations currently underway in the chemical industry highlights the role of whistle-blowers, and the increasing tendency for prosecutors to offer legal amnesty to those who provide evidence to prosecute their rivals.
The report, the top story on the WSJ US website, looks at the role of Crompton Corp in blowing the whistle on its competitors in EPDM, nitrile and polyurethane industries. It says the whistle-blowers can avoid large corporate fines from legislators, and perhaps even more telling, individuals can avoid personal jail sentences by providing evidence of others' guilt.
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Wall Street Journal (USA) story. (Subscription required, but a 2-week free trial is available)
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