Babcock and Wilcox Ltd, the ‘Babcock Family’ and regulation 17/62: A business response to new competition policy in the early 1960s
本文通过英国巴布科克与威尔科克斯公司的视角,研究欧洲企业如何应对20世纪60年代初欧共体竞争政策对市场分割协议的禁令,揭示企业为延续卡特尔而采取的策略及法律建议的作用。
This article explores through the lens of the British company Babcock and Wilcox Ltd the response of a group of European companies to the threat posed to their activities by the new EEC competition policy in the early 1960s. Regulation 17/62 was set to ban the market-sharing agreements which had been in place for many years between the companies in Europe. The article tracks their deliberations over the most suitable response that would allow market sharing to continue while minimising the risk of discovery. This rare insight into the inner discussions of cartel arrangements also highlights the role of legal advice in the solution adopted.