Phoebus cartel
The Phoebus cartel was a cartel of, among others, Osram, Philips, and General Electric from December 23, 1924 until 1939 that existed to control the manufacture and sale of light bulbs.
The cartel is an important step in the history of the global economy because it engaged in large-scale planned obsolescence. It reduced competition in the light bulb industry for almost twenty years, and has been accused of preventing technological advances that would have produced longer-lasting light bulbs. Phoebus was a Swiss corporation named "Phoebus S.A. Compagnie Industrielle pour le Développement de l'Éclairage".
Members
Osram, Philips, Tungsram, Associated Electrical Industries, ELIN, Compagnie des Lampes, International General Electric, and the GE Overseas Group were members of the Phoebus cartel, holding shares in the Swiss corporation proportional to their lamp sales.
In 1921 a precursor organisation was founded by Osram, the "Internationale Glühlampen Preisvereinigung". When Philips and other manufacturers were entering the American market, General Electric reacted by setting up the "International General Electric Company" in Paris. Both organisations co-ordinated the trading of patents and market penetration. Increasing international competition led to negotiations between all the major companies to control and restrict their respective activities in order not to interfere in each other's spheres.
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[Hook:]
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[Verse 2:]
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[Hook:]
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What A pussy Tight It A Squeeze Like A Tweeza
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[Chorus:]
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[Verse 3:]
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[Hook:]
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If Yah pussy Lucky Mi Will Get Back Mi Visa
[Verse 4:]
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Set Good Like Di Ice Inna Freeza
What A pussy Tight It A Squeeze Like A Tweeza
Baby All Mek Di fuck More Easier
If Yah pussy Lucky Mi Will Get Back Mi Visa (Ahow)
[Chorus:]
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Love Til It's Hot Nuff A Weh Dat Sweet You
Siddung Pon It A Dat Sweet You
The Foot Pon Shoulder A Dat Sweet You
Gyal You pussy Tight Sumtin Inna Hip
Gyal You Nuh Fi Left Come Yah Likkle Bit
Gyal You pussy Tight Sumtin Inna Hip
Gyal You Nuh Fi Left Come Yah Likkle Bit
Your pussy Good From Marnin And It A Go Stay So Foreva
Cock It Up Fi Mi Baby Mek Mi Force Up My cocky In Deh
Mi Love Fi fuck You Wild No Missionary Doggy Style