Oil cartel case: a documentary study of antitrust activity in the Cold War era
A power with inordinate wealth and influence, the oil industry has been seen as a sovereign entity, capable of dictating the terms and conditions under which oil is produced and sold throughout the world. The book examines the American government's attempt to curtail this international power in an antitrust suit which the Department of Justice brought in 1953 against the United States' five major oil corporations: Esso, Gulf, Mobil, Socal, and Texaco. While focusing on the cartel case, Burton Kaufman also tries to place it in the broader framework of foreign antitrust development in the Cold War era. His thesis: American concepts of national interest and national security, for the most part, destroyed the value of the cartel case as a curb on Mideastern oil monopolies. In support of his argument, Kaufman includes lengthy appendixes containing major documents relating to the cartel case, among them previously unpublished Justice Department records.
- OSTI ID:
- 5531462
- Resource Relation:
- Related Information: Contributions in American History, Number 72
- Country of Publication:
- United States
- Language:
- English
Similar Records
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Related Subjects
POLICY AND ECONOMY
02 PETROLEUM
OPEC
PETROLEUM INDUSTRY
CARTELS
ANTITRUST REVIEW
GLOBAL ASPECTS
MONOPOLIES
NATIONAL SECURITY
USA
INDUSTRY
INTERNATIONAL ORGANIZATIONS
LEGAL ASPECTS
NORTH AMERICA
OIL-EXPORTING COUNTRIES
SECURITY
294002* - Energy Planning & Policy- Petroleum
021000 - Petroleum- Legislation & Regulations