Phoebus Cartel

Phoebus Cartel

In 1925, General Electric, Phillips, and other light bulb manufacturers colluded against consumers and created the 'Phoebus Cartel'. The Cartel conspired to reduce the 1925 light bulb life expectancy from 2500 hours down to only 1000 hours and at the same time, to increase the price per bulb.

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