Phoebus cartel

The Phoebus cartel was an international cartel that controlled the manufacture and sale of incandescent light bulbs in much of Europe and North America between 1925–1939. The cartel took over market territories and lowered the useful life of such bulbs.[1] Corporations based in Europe and the United States, including Osram, General Electric, Associated Electrical Industries, and Philips,[2] incorporated the cartel on January 15, 1925 in Geneva,[3] as Phœbus S.A. Compagnie Industrielle pour le Développement de l'Éclairage (French for "Phoebus plc Industrial Company for the Development of Lighting"). Although the group had intended the cartel to last for thirty years (1925 to 1955), it ceased operations in 1939 with the outbreak of World War II. Following its dissolution, light bulbs continued to be sold at the 1,000-hour life standardized by the cartel.