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Multinational enterprises and international cartels: the strategic implications of de-globalisation

In: Global Business

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  • with Peter J. Buckley

Abstract

A cartel is an association of independent businesses for the purposes of regulating trade in an industry. There are three important reasons for studying international cartels: they will become important in the future; they are of immense historical significance; and they are poorly understood. This chapter reviews the economics, political, and historical literature on international cartels and considers the lessons for international business theory and policy. If IB studies is to retain is reputation for policy-relevance it must engage with the issue of institutional responses to globalisation, and this must include the analysis of cartels.

Suggested Citation

  • with Peter J. Buckley, 2023. "Multinational enterprises and international cartels: the strategic implications of de-globalisation," Chapters, in: Global Business, chapter 4, pages 72-92, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:22129_4
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    File URL: https://www.elgaronline.com/doi/10.4337/9781035308040.00012
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