Notes on German cartels

Notes on German cartels by '~r. I. bzeicely Hungarian *'ather of ±-t. ^zekely Oberursel The constr ction and purposes of иегш csretels hardly differ fro» that of cartels of other countries* *e most commonly classify these cartels as price -carte Is and contingent ot quantity caretels. The purpose of the price cartels is to eliminate the trhoatcut competition which exists in certain fields and to insure fixed selling prices by instituting severe penatlities for the breaking of the agreement. When such caretels have been established, the sales volume is no longer determined by the proce but by the competence of the management of the individual firms. The contingent cartels are those at which the ratiorf of participation in the sales volume is definitely determined and fixed. "nether way of classificati9n is as to the lenght of the cartels duration. *here are ad hoc cartels whcih terminate at the completion of one particulat contract for whicy the agreement was amdo; and there are cartels which may c continue for several years and for several contracto. finally, a cartel may be valid for the home country only, for * particular teritory abroad, or for several foreign countries, the latter constituting the well known international cartels. One of the strongest such international cartels is the electric bulb cartel in whcih all the important European bulb concerns participated on a quantity bases. The most important German participant of this cartel was ШШа OSRAM in which both Siemens and ASG have a strong interest. secsnd telephsne cartel 29 Nov 1945