Corporate History Prize 2018
Marktmacht und Politik
Das internationale Kartell der Ölgesellschaften 1960–1975
[Market Power and Politics: The International Oil Cartel, 1960–1975]
Aims and Scope
In the 1960s and 1970s, oil supplies were a source of international political conflict. Major oil companies, such as Exxon, Shell, and BP were key actors in this conflict. With their vertical, multinational structures, they dominated production and trade. The study examines their strategies and shows how the companies organized a flexible multinational collaborative cartel to maintain their market power.