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Phoebus Cartel
The Phoebus cartel was an oligopoly that controlled the manufacture and sale of incandescent light bulbs. They appropriated market territories and lowered the useful life of such bulbs. Corporations based in Europe and the United States founded the cartel on January 15, 1925 in Geneva. Phoebus based itself in Switzerland. The corporation named itself ''Phœbus S.A. Compagnie Industrielle pour le Développement de l'Éclairage'' (French for "Phoebus plc Industrial Company for the Development of Lighting"). They had intended the cartel to last for thirty years (1925 to 1955). The cartel ceased operations in 1939 owing to the outbreak of World War II. The cartel included manufacturers Osram, General Electric, Associated Electrical Industries, and Philips, among others. History Osram, Philips, Tungsram, Associated Electrical Industries, , Compagnie des Lampes, International General Electric, and the GE Overseas Group created and joined the Phoebus cartel, holding shares in the Swis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cartel
A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market. Cartels are usually associations in the same sphere of business, and thus an alliance of rivals. Most jurisdictions consider it anti-competitive behavior and have outlawed such practices. Cartel behavior includes price fixing, bid rigging, and reductions in output. The doctrine in economics that analyzes cartels is cartel theory. Cartels are distinguished from other forms of collusion or anti-competitive organization such as corporate mergers. Etymology The word ''cartel'' comes from the Italian word '' cartello'', which means a "leaf of paper" or "placard", and is itself derived from the Latin ''charta'' meaning "card". The Italian word became ''cartel'' in Middle French, which was borrowed into English. In English, the word was originally used for a written agreement between warring nations to regulate the treatment and exchange of p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Planned Obsolescence
In economics and industrial design, planned obsolescence (also called built-in obsolescence or premature obsolescence) is a policy of planning or designing a product with an artificially limited useful life or a purposely frail design, so that it becomes obsolete after a certain pre-determined period of time upon which it decrementally functions or suddenly ceases to function, or might be perceived as unfashionable. The rationale behind this strategy is to generate long-term sales volume by reducing the time between repeat purchases (referred to as "shortening the replacement cycle"). It is the deliberate shortening of a lifespan of a product to force people to purchase functional replacements. Planned obsolescence tends to work best when a producer has at least an oligopoly. Before introducing a planned obsolescence, the producer has to know that the customer is at least somewhat likely to buy a replacement from them (see brand loyalty). In these cases of planned obsolescence ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Incandescent Light Bulbs
An incandescent light bulb, incandescent lamp or incandescent light globe is an electric light with a wire filament heated until it glows. The filament is enclosed in a glass bulb with a vacuum or inert gas to protect the filament from oxidation. Current is supplied to the filament by terminals or wires embedded in the glass. A bulb socket provides mechanical support and electrical connections. Incandescent bulbs are manufactured in a wide range of sizes, light output, and voltage ratings, from 1.5 volts to about 300 volts. They require no external regulating equipment, have low manufacturing costs, and work equally well on either alternating current or direct current. As a result, the incandescent bulb became widely used in household and commercial lighting, for portable lighting such as table lamps, car headlamps, and flashlights, and for decorative and advertising lighting. Incandescent bulbs are much less efficient than other types of electric lighting, converting less ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cartels
A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market. Cartels are usually associations in the same sphere of business, and thus an alliance of rivals. Most jurisdictions consider it anti-competitive behavior and have outlawed such practices. Cartel behavior includes price fixing, bid rigging, and reductions in output. The doctrine in economics that analyzes cartels is cartel theory. Cartels are distinguished from other forms of collusion or anti-competitive organization such as corporate mergers. Etymology The word ''cartel'' comes from the Italian word '' cartello'', which means a "leaf of paper" or "placard", and is itself derived from the Latin ''charta'' meaning "card". The Italian word became ''cartel'' in Middle French, which was borrowed into English. In English, the word was originally used for a written agreement between warring nations to regulate the treatment and exchange of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Centennial Light
The Centennial Light is the world's longest-lasting light bulb, burning since 1901, and almost never turned off. It is located at 4550 East Avenue, Livermore, California, and maintained by the Livermore-Pleasanton Fire Department. Due to its longevity, the bulb has been noted by ''The Guinness Book of World Records'', ''Ripley's Believe It or Not!'', and General Electric.. History The Centennial Light was originally a 30-watt (or 60-watt) bulb, but is now very dim, emitting about the same light as a 4-watt nightlight. The hand-blown, carbon-filament common light bulb was invented by Adolphe Chaillet, a French engineer who filed a patent for this technology. It was manufactured in Shelby, Ohio, by the Shelby Electric Company in the late 1890s; many just like it still exist and can be found functioning. According to Zylpha Bernal Beck, the bulb was donated to the Fire Department by her father, Dennis Bernal, in 1901. Bernal owned the Livermore Power and Water Company and donated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Pynchon
Thomas Ruggles Pynchon Jr. ( , ; born May 8, 1937) is an American novelist noted for his dense and complex novels. His fiction and non-fiction writings encompass a vast array of subject matter, genres and themes, including history, music, science, and mathematics. For ''Gravity's Rainbow'', Pynchon won the 1973 U.S. National Book Award for Fiction."National Book Awards – 1974" . Retrieved 2012-03-29. (With essays by Casey Hicks and Chad Post from the Awards 60-year anniversary blog. The mock acceptance speech by Irwin Corey is not reprinted by NBF.) Hailing from |
Gravity's Rainbow
''Gravity's Rainbow'' is a 1973 novel by American writer Thomas Pynchon. The narrative is set primarily in Europe at the end of World War II and centers on the design, production and dispatch of V-2 rockets by the German military. In particular, it features the quest undertaken by several characters to uncover the secret of a mysterious device, the ("black device"), which is slated to be installed in a rocket with the serial number "00000". Traversing a wide range of knowledge, ''Gravity's Rainbow'' transgresses boundaries between high and low culture, between literary propriety and profanity, and between science and speculative metaphysics. It shared the 1974 US National Book Award for Fiction with ''A Crown of Feathers and Other Stories'' by Isaac Bashevis Singer. Although selected by the Pulitzer Prize jury on fiction for the 1974 Pulitzer Prize for Fiction, the Pulitzer Advisory Board was offended by its content, some of which was described as 'unreadable,' 'turgid,' 'overw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliament Of The United Kingdom
The Parliament of the United Kingdom is the supreme legislative body of the United Kingdom, the Crown Dependencies and the British Overseas Territories. It meets at the Palace of Westminster, London. It alone possesses legislative supremacy and thereby ultimate power over all other political bodies in the UK and the overseas territories. Parliament is bicameral but has three parts, consisting of the sovereign ( King-in-Parliament), the House of Lords, and the House of Commons (the primary chamber). In theory, power is officially vested in the King-in-Parliament. However, the Crown normally acts on the advice of the prime minister, and the powers of the House of Lords are limited to only delaying legislation; thus power is ''de facto'' vested in the House of Commons. The House of Commons is an elected chamber with elections to 650 single-member constituencies held at least every five years under the first-past-the-post system. By constitutional convention, all governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monopolies And Restrictive Practices Commission
The Competition Commission was a non-departmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under competition law in the United Kingdom. It was a competition regulator under the Department for Business, Innovation and Skills (BIS). It was tasked with ensuring healthy competition between companies in the UK for the ultimate benefit of consumers and the economy. The Competition Commission replaced the Monopolies and Mergers Commission on 1 April 1999. It was created by the Competition Act 1998, although the majority of its powers were governed by the Enterprise Act 2002. The Enterprise Act 2002 gave the Competition Commission wider powers and greater independence than the MMC had previously, so that it could make decisions on inquiries rather than giving recommendations to Government, and was also responsible for taking appropriate actions and measures (known as remedies) following inquiries which had identi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aalto University
Aalto University ( fi, Aalto-yliopisto; sv, Aalto-universitetet) is a public research university located in Espoo, Finland. It was established in 2010 as a merger of three major Finnish universities: the Helsinki University of Technology, the Helsinki School of Economics and the University of Art and Design Helsinki. The close collaboration between the scientific, business and arts communities is intended to foster multi-disciplinary education and research. The Finnish government, in 2010, set out to create a university that fosters innovation, merging the three institutions into one. The university is composed of six schools with close to 17,500 students and 4,000 staff members, making it Finland's second largest university. The main campus of Aalto University is located in Otaniemi, Espoo. Aalto University Executive Education operates in the district of Töölö, Helsinki. In addition to the Greater Helsinki area, the university also operates its Bachelor's Programme in Inter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eino Tetri
Eino is a Finnish and Estonian masculine given name. The name is thought to be the Finnic form of the given name Henri. Both Finnish and Estonian languages belong to the Finno-Ugric language group through their being Uralic languages.Language relationships are from other Wikipedia articles. Another possible origin of the name is the German Enewald (Aginwald). People with the given name Eino include: * Eino Forsström (1889–1961), Finnish gymnast *Eino Friberg (1901–1995), Finnish-American writer * Eino Hanski (1928–2000), Swedish-Finnish-Russian-Karelian author, dramatist and sculptor *Eino Heino (1912–1975), Finnish cinematographer * Eino Rudolf Woldemar Holsti (1881–1945), Finnish politician, journalist and diplomat * Antti Eino Juntumaa (born 1959), Finnish boxer * Eino Jutikkala (1907–2006), Finnish historian * Eino Ilmari Juutilainen (1914–1999), Finnish Air Force fighter pilot * Eino Kaila (1890–1958), Finnish philosopher, critic and teacher * Eino Ku ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suomen Kuvalehti
''Suomen Kuvalehti'' (lit. "Finland's picture magazine", or "The Finnish picture magazine") is a weekly Finnish language family and news magazine published in Helsinki, Finland. History and profile ''Suomen Kuvalehti'' was founded in 1873 and published until the year 1880. The magazine started publishing again in 1917, and continues to this day. It was merged with ''Kansan Kuvalehti'' in 1934. The editor in 1935 was L.M. Viherjuuri. Ilmari Turja edited the magazine from 1936 to 1951. The headquarters of ''Suomen Kuvalehti'' is in Helsinki. The magazine is published by Otava (publisher), Otava every Friday. One of its former editor is Ville Pernaa. ''Suomen Kuvalehti'' originally supported center-right politics in the country. In the aftermath of the Finnish Civil War, the magazine valorized the victorious Whites as patriots and heroes. It also published ''Vapautemme hinta'', a book detailing Finnish losses during the Winter War, and like the vast majority of the Finnish press ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
