SINGAPORE - For years, a close-knit group of executives from firms that supply 90 per cent of Singapore's fresh chicken would gather at the Poultry Merchants' Association in Defu, among other places, to discuss prices.
The 13 suppliers, some of whom had known each other for decades, would make verbal agreements to increase prices in tandem and avoid competition with one another, leaving little paper trail of their misdeeds.
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