Freedom to Compete?

The Cartelization of European Transnational Corporations

    Research output: Contribution to journalJournal articleResearchpeer-review

    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.
    Original languageEnglish
    JournalCompetition and Change
    Volume16
    Issue number1
    Pages (from-to)20-36
    Number of pages17
    ISSN1024-5294
    Publication statusPublished - 2012

    Keywords

    • Cartels
    • Transnational Corporations
    • European Roundtable of Industrialists
    • Competition

    Cite this

    @article{0a27c63c172e4ca8b3fd95f125dcc7af,
    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",
    note = "Embargo 1{\aa}r (2012).",
    year = "2012",
    language = "English",
    volume = "16",
    pages = "20--36",
    journal = "Competition and Change",
    issn = "1024-5294",
    publisher = "Sage Publications Ltd.",
    number = "1",

    }

    Freedom to Compete? The Cartelization of European Transnational Corporations. / Buch-Hansen, Hubert.

    In: Competition and Change, Vol. 16, No. 1, 2012, p. 20-36.

    Research output: Contribution to journalJournal articleResearchpeer-review

    TY - JOUR

    T1 - Freedom to Compete?

    T2 - The Cartelization of European Transnational Corporations

    AU - Buch-Hansen, Hubert

    N1 - Embargo 1år (2012).

    PY - 2012

    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.

    KW - Cartels

    KW - Transnational Corporations

    KW - European Roundtable of Industrialists

    KW - Competition

    M3 - Journal article

    VL - 16

    SP - 20

    EP - 36

    JO - Competition and Change

    JF - Competition and Change

    SN - 1024-5294

    IS - 1

    ER -