Freedom to Compete?: The Cartelization of European Transnational Corporations

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    Resumé

    Transnational corporations (TNCs) have been driving forces behind promoting policies aimed at protecting and further intensifying competition in global markets. This article aims to examine the extent to which leading European TNCs that have promoted such policies have been involved in cartels. To this end, the article focuses on companies associated with the European Roundtable of Industrialists (ERT), a highly influential network consisting of top executives from a range of Europe’s largest TNCs that has consistently urged political decision-makers to give companies the ‘freedom to compete’. We find that a third of these companies were convicted for participating in cartels between 1990 and 2010. Drawing on critical political economy scholarship, it is concluded that this behaviour may not be paradoxical.
    Transnational corporations (TNCs) have been driving forces behind promoting policies aimed at protecting and further intensifying competition in global markets. This article aims to examine the extent to which leading European TNCs that have promoted such policies have been involved in cartels. To this end, the article focuses on companies associated with the European Roundtable of Industrialists (ERT), a highly influential network consisting of top executives from a range of Europe’s largest TNCs that has consistently urged political decision-makers to give companies the ‘freedom to compete’. We find that a third of these companies were convicted for participating in cartels between 1990 and 2010. Drawing on critical political economy scholarship, it is concluded that this behaviour may not be paradoxical.
    SprogEngelsk
    TidsskriftCompetition and Change
    Vol/bind16
    Udgave nummer1
    Sider20-36
    Antal sider17
    ISSN1024-5294
    StatusUdgivet - 2012

    Bibliografisk note

    Embargo 1år (2012).

    Emneord

      Citer dette

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      title = "Freedom to Compete?: The Cartelization of European Transnational Corporations",
      abstract = "Transnational corporations (TNCs) have been driving forces behind promoting policies aimed at protecting and further intensifying competition in global markets. This article aims to examine the extent to which leading European TNCs that have promoted such policies have been involved in cartels. To this end, the article focuses on companies associated with the European Roundtable of Industrialists (ERT), a highly influential network consisting of top executives from a range of Europe’s largest TNCs that has consistently urged political decision-makers to give companies the ‘freedom to compete’. We find that a third of these companies were convicted for participating in cartels between 1990 and 2010. Drawing on critical political economy scholarship, it is concluded that this behaviour may not be paradoxical.",
      keywords = "Cartels , Transnational Corporations, European Roundtable of Industrialists, Competition",
      author = "Hubert Buch-Hansen",
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      Freedom to Compete? The Cartelization of European Transnational Corporations. / Buch-Hansen, Hubert.

      I: Competition and Change, Bind 16, Nr. 1, 2012, s. 20-36.

      Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

      TY - JOUR

      T1 - Freedom to Compete?

      T2 - Competition and Change

      AU - Buch-Hansen,Hubert

      N1 - Embargo 1år (2012).

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      Y1 - 2012

      N2 - Transnational corporations (TNCs) have been driving forces behind promoting policies aimed at protecting and further intensifying competition in global markets. This article aims to examine the extent to which leading European TNCs that have promoted such policies have been involved in cartels. To this end, the article focuses on companies associated with the European Roundtable of Industrialists (ERT), a highly influential network consisting of top executives from a range of Europe’s largest TNCs that has consistently urged political decision-makers to give companies the ‘freedom to compete’. We find that a third of these companies were convicted for participating in cartels between 1990 and 2010. Drawing on critical political economy scholarship, it is concluded that this behaviour may not be paradoxical.

      AB - Transnational corporations (TNCs) have been driving forces behind promoting policies aimed at protecting and further intensifying competition in global markets. This article aims to examine the extent to which leading European TNCs that have promoted such policies have been involved in cartels. To this end, the article focuses on companies associated with the European Roundtable of Industrialists (ERT), a highly influential network consisting of top executives from a range of Europe’s largest TNCs that has consistently urged political decision-makers to give companies the ‘freedom to compete’. We find that a third of these companies were convicted for participating in cartels between 1990 and 2010. Drawing on critical political economy scholarship, it is concluded that this behaviour may not be paradoxical.

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      KW - Transnational Corporations

      KW - European Roundtable of Industrialists

      KW - Competition

      M3 - Journal article

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