'Cartels and the perils of power. British and German electrical engineering industry during the 1930s in long term perspective' in C Buchheim & R Garside (eds), After the Slump. Industry and politics in 1930s Britain and Germany

Topics:

  • Name Competition, collusion, monopoly & cartels inc competition policy & regulation
  • Name Comparative international studies

Countries:

  • Germany

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Notes:

Focuses on the capital goods and power plant equipment segment of the industry. Notes the variation in the industry's performance in the two countries with the British industry outperforming the German in the 1930s and underperforming it postwar. Considers the context and reasons for this, focusing especially on the impact of cartels - 'the market failure brought about by the continued influence of cartels was the crucial factor in the comparative decline of British electrical engineering competitiveness, especially in the years following the Second World War' whereas after 1945 competition policies in Germany resulted in the discontinuation of cartels there. Structured by three periods: 1914/18 to c1930; c1930 to 1939; 1939/45 and post war