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

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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.

International Cartels in Business History

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

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Of the concluding discussion / Terushi Hara and Akira Kudō.

Regulating Competition

Regulating Competition
Author: Susanna Fellman
Publisher: Routledge
Total Pages: 223
Release: 2015-12-22
Genre: Business & Economics
ISBN: 131769399X

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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 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

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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 Revisited

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

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Global Price Fixing

Global Price Fixing
Author: John M. Connor
Publisher: Springer Science & Business Media
Total Pages: 510
Release: 2007-05-24
Genre: Business & Economics
ISBN: 3540342222

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This book describes and analyzes the formation, operation, and impacts of modern global cartels. It provides a broad picture of the economics, competition law and history of international price fixing. Intensive case studies of collusion in the markets for lysine, citric acid, and vitamins offer a deep, detailed understanding of the phenomenon. The author assesses whether antitrust enforcement by the European Union, the United States, and other countries can deter cartels.

Business, Politics and International Relations

Business, Politics and International Relations
Author: Clemens Wurm
Publisher: Cambridge University Press
Total Pages: 0
Release: 2009-04-16
Genre: History
ISBN: 9780521108768

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This is a study of commercial diplomacy, which investigates the responses of British industry and government to foreign competition, sectoral depression and decline. It examines the attitude of the British iron and steel industry towards the cartel of the continental steel industries, and the attempt of the Lancashire cotton industry in 1932-4 to reach a market-sharing agreement with Japan. Using a wide range of primary sources the author provides an analysis of the role of the state in British industrial policies and in the management of industrial decline. He shows that the outcome of international negotiations in the steel and cotton industries was not determined by economic factors alone, but was decisively influenced by political and diplomatic considerations and by the role of the state.

The International Aluminium Cartel

The International Aluminium Cartel
Author: Marco Bertilorenzi
Publisher: Routledge
Total Pages: 503
Release: 2015-09-16
Genre: Business & Economics
ISBN: 131780483X

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Aluminium was one of most cartelised industries in the international economic panorama of the 20th century. Born following the discovery of electrolytic smelting process in 1886, this industry, even in its infancy, established a cartel which characterised its history until nearly 1980. Managers of the aluminium industry from various historical eras and countries shared the same vision about the development of their industry: to keep prices as stable as possible in order to encourage expansions and to provide return on investments. Price instability, which characterised the trade of other commodities, was unknown to the aluminium industry. This book neither argues that cartels are fundamentally evil, nor attempts to demonstrate that cartels are optimal business organisations. It instead provides an in-depth and frank analysis of the internal working of industrial organisations and of the interplay between cartels and political powers and institutions. The International Aluminium Cartel offers explanations for the construction and collapse of cartels, descriptions of their operations, and an historical interpretation of their experiences. Incorporating information gleaned from a unique collection of private and public archives from several countries, this unique study will appeal to a wide variety of readers, including academics interested in industrial and business history.