In This Review

Webs of Power: International Cartels and the World Economy
Webs of Power: International Cartels and the World Economy
By Kurt Rudolf Mirow and Harry Maurer
Houghton Mifflin, 1982, 342 pp.

A Brazilian manufacturer of electrical equipment who suffered from a cartel of foreign firms in his country has joined with an American writer to produce a balanced summary of the history of cartels in oil, uranium, steel, fibers, chemicals and pharmaceuticals, and shipping, as well as electrical transformers and other items. They show that the cartel movement is not a thing of the past and are prudently pessimistic about the chances of checking it through international action.