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A European Structural Crisis Cartel as Solution to a Sectoral Depression?

The Western European Fibre Industry in the 1970s and 1980s
  • Christian Marx

    Christian Marx Present position: Researcher in the Department of Modern and Contemporary History, Research Centre for Europe, University of Trier, Germany (research project “Europeanization of Multinationals – European Multinational Companies between Europeanization and Globalization, 1965-1990”). Recent publications: Paul Reusch und die Gutehoffnungshütte. Leitung eines deutschen Großunternehmens, Göttingen 2013; Die Internationalisierung der Chemieindustrie in der Zeit nach dem Boom als Herausforderung für die „Deutschland AG“, in: R. Ahrens / B. Gehlen / A. Reckendrees (Eds.), Die „Deutschland AG“. Historische Annäherungen an den bundesdeutschen Kapitalismus. Essen 2013, pp. 247-273; Die Vermarktlichung des Unternehmens. Berater, Manager und Beschäftigte in der westdeutschen Chemiefaserindustrie seit den 1970er-Jahren, in: Studies in Contemporary History 12/3, 2015, pp. 403-426. His main research interests are in in the fields of Corporate Networks, German Business History, and European Business and Economic History in the 19th and 20th Century.

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Published/Copyright: June 16, 2017

Abstract

Due to the decline of the Western European textile industry in the 1960s and international economic turbulences in the 1970s, the chemical fibre industry in Western Europe ran into trouble. The ten largest manufacturers of polyester fibres therefore applied for a structural crisis cartel in 1972. Even though the European Commission rejected the request, the question of a cartel agreement remained a topic of discussion at the European level for more than ten years. In June 1978, eleven European manufacturers of chemical fibres signed a cartel agreement in Brussels, but it was not compatible with the Treaty of the European Economic Community. It was not until 1980 that the companies submitted a new contract to the European Commission which was in accordance with antitrust law and renewed in 1982. The article analyses the course of negotiations as well as the driving forces and different aims of political and industrial players on the national and the European level.

JEL Classification: F 53; F 55; K 21; L 40; L 50; L 65; N 84

About the author

Christian Marx

Christian Marx Present position: Researcher in the Department of Modern and Contemporary History, Research Centre for Europe, University of Trier, Germany (research project “Europeanization of Multinationals – European Multinational Companies between Europeanization and Globalization, 1965-1990”). Recent publications: Paul Reusch und die Gutehoffnungshütte. Leitung eines deutschen Großunternehmens, Göttingen 2013; Die Internationalisierung der Chemieindustrie in der Zeit nach dem Boom als Herausforderung für die „Deutschland AG“, in: R. Ahrens / B. Gehlen / A. Reckendrees (Eds.), Die „Deutschland AG“. Historische Annäherungen an den bundesdeutschen Kapitalismus. Essen 2013, pp. 247-273; Die Vermarktlichung des Unternehmens. Berater, Manager und Beschäftigte in der westdeutschen Chemiefaserindustrie seit den 1970er-Jahren, in: Studies in Contemporary History 12/3, 2015, pp. 403-426. His main research interests are in in the fields of Corporate Networks, German Business History, and European Business and Economic History in the 19th and 20th Century.

Published Online: 2017-06-16
Published in Print: 2017-05-24

© 2017 Walter de Gruyter GmbH, Berlin/Boston

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