Phoebus cartel
Cartel to control the manufacture and sale of incandescent light bulbs
Nº Q1800014 ★★★
Rare · History
Phoebus cartel
Cartel to control the manufacture and sale of incandescent light bulbs
The Phoebus cartel was an international cartel that controlled the manufacture and sale of incandescent light bulbs in much of Europe and North America between 1925 and 1939. The cartel took over market territories and lowered the useful life of such bulbs, which is commonly cited as an example of planned obsolescence.
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From Wikipedia
The Phoebus cartel was an international cartel that controlled the manufacture and sale of incandescent light bulbs in much of Europe and North America between 1925 and 1939. The cartel took over market territories and lowered the useful life of such bulbs, which is commonly cited as an example of planned obsolescence. Corporations based in Europe and the United States, including Tungsram, Osram, General Electric, Associated Electrical Industries, and Philips, incorporated the cartel on 15 January 1925 in Geneva, as Phœbus S.A. Compagnie Industrielle pour le Développement de l'Éclairage (French for "Phoebus plc Industrial Company for the Development of Lighting"). Although the group had intended the cartel to last for thirty years (1925 to 1955), it ceased operations in 1939 with the outbreak of World War II.
Text: Wikipédia, CC BY-SA 4.0. · Image: KMJ (CC BY-SA 3.0) ·
