Title: A holy alliance : collusion in the Renaissance Europe alum market
Authors : Günster, Andrea Maria
Martin, Stephen
Published in : Review of Industrial Organization
Volume(Issue) : 47
Issue : 1
Pages : 1
Pages to: 23
Issue Date: Aug-2015
License (according to publishing contract) : Licence according to publishing contract
Type of review: Peer review (Publication)
Language : English
Subjects : Cartel; Collusion; Alum
Subject (DDC) : 337: International economics and commerce
900: History
Abstract: On June 11, 1470, representatives of Pope Paul II and Ferdinand, King of Naples concluded a cartel agreement to restrict competition in the sale of alum. The agreement was one element of a broader plan to monopolize the sale of alum throughout Christendom. We discuss the background of the cartel agreement and analyze its terms (which include arrangements to facilitate detection of and reduce the profitability of defection) and the constraints that limited, but did not eliminate, Rome’s ability to extract economic profit from the European alum market.
Departement: School of Management and Law
Organisational Unit: Center for Economic Policy (FWP)
Publication type: Article in scientific Journal
DOI : 10.1007/s11151-015-9465-0
ISSN: 0889-938X
1573-7160
URI: https://digitalcollection.zhaw.ch/handle/11475/9115
Appears in Collections:Publikationen School of Management and Law

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