Concept information
Preferred term
great electrical equipment conspiracy
Definition
- IN SEPTEMBER 1959, the U.S. Senate began committee hearings into allegations that the largest electrical-equipment makers in the United States were conspiring to fix prices. Among the manufacturers were major providers General Electric, Westing-house, Allis Chalmers, Federal Pacific Electric, and smaller companies including ITE Circuit Breakers, AB Chance, Southern States Electric, and Cutler Hammer.Since the 1940s, General Electric had feared competition—and had already accrued a long list of violations. [Source: Encyclopedia of White-Collar & Corporate Crime; Great Electrical Equipment Conspiracy]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-T1RXSZ5W-3
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