Year: 2001
Author: Hahn, Verena, Normann, Hans-Theo
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 121 (2001), Iss. 3 : pp. 407–426
Abstract
We analyze the case of the German power-cable producers which was decided by the German cartel authority, the Bundeskartelamt, in 1997. The first cartel contract in the power-cable industry was signed already in 1901. We show that cartel law only had a minor influence on the stability of the cartel. Until 1945 several price wars occurred though cartel agreements were legally enforceable. In the post-war period, the cartel was fairly stable despite the general cartel prohibition. We further argue that the cartel broke down before the decision of the Bundeskartellamt because of excess capacities and the advancing liberalization of European energy markets.
Journal Article Details
Publisher Name: Global Science Press
Language: Multiple languages
DOI: https://doi.org/10.3790/schm.121.3.407
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 121 (2001), Iss. 3 : pp. 407–426
Published online: 2001-03
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 20
Author Details
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