end up in a situation where they each increase output and earn only $400 each in profits. The following Clear It

Up feature discusses one cartel scandal in particular.

CLEAR IT UP

What is the Lysine cartel?
Lysine, a $600 million-a-year industry, is an amino acid that farmers use as a feed additive to ensure the proper

growth of swine and poultry. The primary U.S. producer of lysine is Archer Daniels Midland (ADM), but several other

large European and Japanese firms are also in this market. For a time in the first half of the 1990s, the world’s major

lysine producers met together in hotel conference rooms and decided exactly how much each firm would sell and

what it would charge. The U.S. Federal Bureau of Investigation (FBI), however, had learned of the cartel and placed
wire taps on a number of their phone calls and meetings.

From FBI surveillance tapes, following is a comment that Terry Wilson, president of the corn processing division at
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