Members
Osram, Philips, Tungsram, Associated Electrical Industries, ELIN, Compagnie des Lampes, International General Electric, and the GE Overseas Group were members of the Phoebus cartel. They owned shares in the Swiss corporation proportional to their lamp sales.
In 1921 a precursor organisation was founded by Osram, the "Internationale Glühlampen Preisvereinigung". When Philips and other manufacturers were entering the American market, General Electric reacted by setting up the "International General Electric Company" in Paris. Both organisations were involved in trading patents and adjusting market penetration. Increasing international competition led to negotiations between all major companies to control and restrict their respective activities in order not to interfere in each other's spheres.
Read more about this topic: Phoebus Cartel
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