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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 and 1939. The cartel took over market territories and lowered the useful life of such bulbs, which is commonly cited as an example of planned obsolescence. Corporations based in Europe and the United States, including Tungsram, Osram, General Electric, Associated Electrical Industries, and Philips, incorporated the cartel on January 15, 1925 in Geneva, 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. History Osram, Philips, Tungsram, Associated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cartel
A cartel is a group of independent market participants who collaborate with each other as well as agreeing not to compete with each other in order to improve their profits and dominate the market. A cartel is an organization formed by producers to limit competition and increase prices by creating artificial shortages through low production quotas, stockpiling, and marketing quotas. Jurisdictions frequently consider cartelization to be anti-competitive behavior, leading them to outlaw cartel practices. Cartels are inherently unstable due to the temptation by members of the cartel to cheat and defect on each other by improving their individual profits, which may lead to falling prices for all members. 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. Advancements in technology or the emergence of substitutes can undermine cartel pricing power, leadi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Time (magazine)
''Time'' (stylized in all caps as ''TIME'') is an American news magazine based in New York City. It was published Weekly newspaper, weekly for nearly a century. Starting in March 2020, it transitioned to every other week. It was first published in New York City on March 3, 1923, and for many years it was run by its influential co-founder, Henry Luce. A European edition (''Time Europe'', formerly known as ''Time Atlantic'') is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition (''Time Asia'') is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. Since 2018, ''Time'' has been owned by Salesforce founder Marc Benioff, who acquired it from Meredith Corporation. Benioff currently publishes the magazine through the company Time USA, LLC. History 20th century ''Time'' has been based in New York City since its first issue published on March 3, 1923 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Centennial Light
The Centennial Light is an incandescent light bulb recognized as the oldest known operating light bulb. It was first illuminated in 1901, and has only been turned off a few brief times since. It is located at 4550 East Avenue, Livermore, California, and is open to public viewing. Due to its longevity, the bulb has been noted by ''Guinness World Records, The Guinness Book of World Records'', ''Ripley's Believe It or Not!'', and General Electric.. The light has been the subject of many TV shows and news reports along with at least four books, and has its own website. The handmade lightbulb was originally manufactured by the Shelby Electric Company of Shelby, Ohio, towards the end of the 1890s and donated to the Livermore-Pleasanton Fire Department in 1901. It has been relocated several times since and remains in the care of the fire department to this day. The bulb's longevity has been attributed to the high quality of its manufacture, it being seldom turned off, and its low wattage ... [...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, Literary genre, genres and Theme (narrative), themes, including history, music, science, and mathematics. For ''Gravity's Rainbow'', Pynchon won the 1974 U.S. National Book Award for Fiction. (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.) He is widely regarded as one of the greatest American novelists. Hailing from Long Island, Pynchon served two years in the United States Navy and earned an English degree from Cornell University. After publishing several short stories in the late 1950s and early 1960s, he began composing the novels for which he is best known: ''V.'' (1963), ''The Crying of Lot 49'' (1966), and ''Gravity's Rainbow'' (1973). Rumors of a historical novel about Charles ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gravity's Rainbow
''Gravity's Rainbow'' is a 1973 novel by the 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'' crosses 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', 'overwr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sherman Anti-Trust Act
The Sherman Antitrust Act of 1890 (, ) is a United States antitrust law which prescribes the rule of free competition among those engaged in commerce and consequently prohibits unfair Monopoly, monopolies. It was passed by United States Congress, Congress and is named for Senator John Sherman, its principal author. The Sherman Act broadly prohibits 1) anticompetitive agreements and 2) unilateral conduct that monopolizes or attempts to monopolize the relevant market. The Act authorizes the United States Department of Justice, Department of Justice to bring Lawsuit, suits to enjoin (i.e. prohibit) conduct violating the Act, and additionally authorizes private parties injured by conduct violating the Act to bring suits for treble damages (i.e. three times as much money in damages as the violation cost them). Over time, the federal courts have developed a body of law under the Sherman Act making certain types of anticompetitive conduct per se illegal, and subjecting other types o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States District Court For The District Of New Jersey
The United States District Court for the District of New Jersey (in case citations, D.N.J.) is a federal court in the United States Court of Appeals for the Third Circuit, Third Circuit (except for patent claims and claims against the U.S. government under the Tucker Act, which are appealed to the United States Court of Appeals for the Federal Circuit, Federal Circuit). The Judiciary Act of 1789 established New Jersey as a single District on September 24, 1789. On February 13, 1801 the Judiciary Act of 1801 reorganized the federal court system, resulting in the state being divided into United States District Court for the Eastern District of New Jersey, Eastern and United States District Court for the Western District of New Jersey, Western districts. The Judiciary Act of 1801 was repealed on March 8, 1802 and New Jersey was re-established as a single district court. The United States Attorney's Office for the District of New Jersey represents the United States in civil and cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliament Of The United Kingdom
The Parliament of the United Kingdom of Great Britain and Northern Ireland is the supreme legislative body of the United Kingdom, and may also legislate for the Crown Dependencies and the British Overseas Territories. It meets at the Palace of Westminster in London. Parliament possesses legislative supremacy and thereby holds ultimate power over all other political bodies in the United Kingdom and the Overseas Territories. While Parliament is bicameral, it has three parts: the sovereign, the House of Lords, and the House of Commons. The three parts acting together to legislate may be described as the King-in-Parliament. 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. The House of Commons is the elected lower chamber of Parliament, with elections to 650 single-member constituencies held at least every five years under the first-past-the-post system. By constitutional conventi ... [...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 identified ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swiss Francs
The Swiss franc, or simply the franc, is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia which is surrounded by Swiss territory. The Swiss National Bank (SNB) issues banknotes and the federal mint Swissmint issues coins. It is also designated through currency signs ''Fr.'' (in German language), ''fr.'' (in French, Italian, Romansh languages), as well as in any other language, or internationally as ''CHF'' which stands for Franc. This acronym also serves as the ISO 4217 currency code, used by banks and financial institutions. The smaller denomination, a hundredth of a franc, is a (Rp.) in German, (c.) in French, (ct.) in Italian, and (rp.) in Romansh. The official symbols ''Fr.'' (German symbol) and ''fr.'' (Latin languages) are widely used by businesses and advertisers, also for the English language. According to ''Art. 1 SR/RS 941.101'' of the federal law collection the internationally ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aalto University
Aalto University (; ) is a public university, 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 17,000 students and 4,000 staff members, making it Finland's second largest university. The main campus of Aalto University is located in , . Aalto University Executive Education operates in the district of , . In addition to the Greater Helsinki area, the university also operates its Bachelor's Programme in International Business in and the Metsähovi Radio Observato ... [...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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
