A History of Business Cartels

A History of Business Cartels
Author: Martin Shanahan
Publisher: Taylor & Francis
Total Pages: 235
Release: 2022-07-05
Genre: Business & Economics
ISBN: 1000606163

Download A History of Business Cartels Book in PDF, Epub and Kindle

International cartels are powerful organizations that impact our everyday lives, although they are little known. This book presents 15 historical case studies of international cartels that include agricultural and mineral commodities, the machinery industry, telephone equipment, whiskey and cement. These cases reveal that international cartels manipulated prices and shared markets over many decades but that their real impact was far wider. The global convergence towards criminalizing serious cartel conduct has seen a revival in historical research on cartels and competition policy. The regulation of anti-competitive behaviour has changed over time. To understand why the US, European and other modern economies altered their policies through the 20th century, it is critical to understand when, how and why governments have interacted with, and been influenced by, business organizations such as cartels. This volume draws together researchers from different nations to examine the impact of international cartels on the experience of individual nations, those nations’ interactions with one or more international cartels, and ultimately the interactions of individual nations with the wider international community. This book will be of interest to researchers, academics and advanced students in the fields of business and economic history, political economy, and government policy, as well as those interested in cartels and their impact on the wider economy.

The Political Economy of International Commodity Cartels

The Political Economy of International Commodity Cartels
Author: Elina Kuorelahti
Publisher: Routledge
Total Pages: 151
Release: 2020-12-29
Genre: Business & Economics
ISBN: 1000338525

Download The Political Economy of International Commodity Cartels Book in PDF, Epub and Kindle

The Political Economy of International Commodity Cartels examines how international commodity cartels in the 1930s were impacted not only by commercial rivalry, but also by international trade political and diplomatic concerns. This work presents the rise and decline of the European Timber Exporters’ Convention (ETEC) and analyses how firms navigated through the cartel game under increasing international competition, pressures from the national governments, and the interventionist endeavours of the League of Nations. Cartels are often associated with, in the standard economic interpretation, business collusion. However, in using vast archive sources and historical methodology, the chapters in this book shed light onto how international relations shaped cartels. The rise of British protectionism, the emergence of the Soviet Union as an industrial power, and the economic rapprochement of the League of Nations in the early 1930s created a wave of political and diplomatic challenges in the timber trading countries and affected cartelisation. Timber firms in the biggest producer countries—Finland and Sweden—were uninterested in international cartel collaboration, but under pressure joined the ETEC nevertheless. This book makes a strong contribution to the fields of business history and cartel studies. It is an essential read for economic historians interested in how political pressure shaped international cartels and how cartels became avenues of diplomacy.

International Cartels in Business History

International Cartels in Business History
Author: Akira Kudō
Publisher:
Total Pages: 266
Release: 1992
Genre: Business
ISBN:

Download International Cartels in Business History Book in PDF, Epub and Kindle

Of the concluding discussion / Terushi Hara and Akira Kudō.

International Cartels Revisited

International Cartels Revisited
Author: Dominique Barjot
Publisher:
Total Pages: 384
Release: 1994
Genre: Cartels
ISBN: 9782908561098

Download International Cartels Revisited Book in PDF, Epub and Kindle

Regulating Competition

Regulating Competition
Author: Susanna Fellman
Publisher: Routledge
Total Pages: 312
Release: 2015-12-22
Genre: Business & Economics
ISBN: 1317694007

Download Regulating Competition Book in PDF, Epub and Kindle

Cartels, trusts and agreements to reduce competition between firms have existed for centuries, but became particularly prevalent toward the end of the 19th century. In the mid-20th century governments began to use so called ‘cartel registers’ to monitor and regulate their behaviour. This book provides cases studies from more than a dozen countries to examine the emergence, application and eventual decline of this form of regulation. Beginning with a comparison of the attitudes to regulation that led to monitoring, rather than prohibiting cartels, this book examines the international studies on cartels undertaken by the League of Nations before World War II. This is followed by a series of studies on the context of the registers, including the international context of the European Union, and the importance of lobby groups in shaping regulatory outcomes, using Finland as an example. Section two provides a broad international comparison of several countries’ registers, with individual studies on Norway, Australia, Japan, Germany, Sweden and the Netherlands. After examining the impact of registration on business behaviour in the insurance industry, this book concludes with an overview of the lessons to be learnt from 20th century efforts to regulate competition. With a foreword by Harm Schroter, this book outlines the rise and fall of a system that allowed nations to tailor their approach to regulating competition to their individual circumstances whilst also responding to the pressures of globalisation that emerged after the Second World War. This book is suitable for those who are interested in and study economic history, international economics and business history.

The Oxford Handbook of Business History

The Oxford Handbook of Business History
Author: Geoffrey Jones
Publisher: OUP Oxford
Total Pages: 736
Release: 2008-01-25
Genre: Business & Economics
ISBN: 0191555770

Download The Oxford Handbook of Business History Book in PDF, Epub and Kindle

This Handbook provides a state-of-the-art survey of research in business history. Business historians study the historical evolution of business systems, entrepreneurs and firms, as well as their interaction with their political, economic, and social environment. They address issues of central concern to researchers in management studies and business administration, as well as economics, sociology and political science, and to historians. They employ a range of qualitative and quantitative methodologies, but all share a belief in the importance of understanding change over time. The Oxford Handbook of Business History has brought together leading scholars to provide a comprehensive, critical, and interdisciplinary examination of business history, organized into four parts: Approaches and Debates; Forms of Business Organization; Functions of Enterprise; and Enterprise and Society. The Handbook shows that business history is a wide-ranging and dynamic area of study, generating compelling empirical data, which has sometimes confirmed and sometimes contested widely-held views in management and the social sciences. The Oxford Handbook of Business History is a key reference work for scholars and advanced students of Business History, and a fascinating resource for social scientists in general.

Hub-and-Spoke Cartels

Hub-and-Spoke Cartels
Author: Luke Garrod
Publisher: MIT Press
Total Pages: 303
Release: 2021-11-16
Genre: Business & Economics
ISBN: 0262046202

Download Hub-and-Spoke Cartels Book in PDF, Epub and Kindle

The first comprehensive economic and legal analysis of hub-and-spoke cartels, with detailed case studies. A cartel forms when competitors conspire to limit competition through coordinated actions. Most cartels are composed exclusively of firms that would otherwise be in competition, but in a hub-and-spoke cartel, those competitors (“spokes”) conspire with the assistance of an upstream supplier or a downstream buyer (“hub”). This book provides the first comprehensive economic and legal analysis of hub-and-spoke cartels, explaining their formation and how they operate to create and sustain a collusive environment. Sixteen detailed case studies, including cases brought against toy manufacturer Hasbro and the Apple ebook case, illustrate the economic framework and legal strategies discussed. The authors identify three types of hub-and-spoke cartels: when an upstream firm facilitates downstream firms to coordinate on higher prices; when a downstream intermediary facilitates upstream suppliers to coordinate on higher prices; and when a downstream firm facilitates upstream suppliers to exclude a downstream rival. They devote a chapter to each type, discussing the formation, coordination, enforcement, efficacy, and prosecution of these cartels, and consider general lessons that can be drawn from the case studies. Finally, they present strategies for prosecuting hub-and-spoke collusion. The book is written to be accessible to both economists and lawyers, and is intended for both scholars and practitioners.

Cartels and Trusts

Cartels and Trusts
Author: Roman Piotrowski
Publisher: Philadelphia : Porcupine Press
Total Pages: 386
Release: 1978
Genre: Business & Economics
ISBN:

Download Cartels and Trusts Book in PDF, Epub and Kindle

How Cartels Endure and how They Fail

How Cartels Endure and how They Fail
Author: Peter Z. Grossman
Publisher: Edward Elgar Publishing
Total Pages: 334
Release: 2004-01-01
Genre: Business & Economics
ISBN: 9781781956373

Download How Cartels Endure and how They Fail Book in PDF, Epub and Kindle

Why do some cartels fail and others succeed? This question has intrigued economists for a hundred years, and they have created an extensive body of theory to help explain cartel behaviour. This book looks at the experience of actual cartels and challenges their portrayal as found in the existing literature. The eleven chapters by leading researchers of industrial organization study real examples of industrial collusion. The authors investigate the formation, behaviour, activity and purpose of cartels, and illustrate the intricacies of collusive relationships. In the process they question the existing economic theory surrounding the operation of cartels, which in practice do not always adhere to the textbook models or to complex game theoretic rules. Although much economic research suggests that cartels are doomed to failure, the authors find that there are many examples of industries where cartels have succeeded in controlling prices and output over a prolonged period of time. The book is a groundbreaking attempt to study empirically a range of cartels throughout the world, providing both historical and contemporary examples of collusion to enrich the arguments. This book is written for academics, policymakers, lawyers and economists working in the fields of industrial organization and competition policy.