David and Goliath. The spanish match industry in international perspective (1892-1956)
DOI:
https://doi.org/10.1344/rhi.v21i48.20849Keywords:
Match Industry, Business History, Monopoly, Family Business, Business NetworksAbstract
This work studies the evolution of the match industry in Spain, since its origins until 1956, when the state match monopoly was eliminated. This monopoly was leased for more than thirty years to a family business, the Compañía Arrendataria de Fósforos, a member of a holding company born in the 1920s, Fierro Group. Its early internationalization was supported in creating business networks that were very valuable in the autarkic Spain. In the 1950s, this group owned match companies in Portugal, Morocco and several Latin American countries like Cuba, Venezuela and Ecuador. From the international point of view, the match market has worked as a perfect cartel, dominated by a few industrial giants that experienced a vital growth based on horizontal integration and multiple partnerships for sharing the market.Downloads
Downloads
Published
How to Cite
Issue
Section
License
El/la autor/a cede los derechos al/la editor/a. Creative Commons
El/la autor/a que publica en esta revista está de acuerdo con los términos siguientes:- El/la autor/a cede en exclusiva todos los derechos de propiedad intelectual al/la editor/a para todo el mundo y toda la duración de los derechos de propiedad intelectual vigentes aplicables.
- El/la editor/a difundirá los textos con la licencia de reconocimiento de Creative Commons que permite compartir la obra con terceros, siempre que éstos reconozcan su autoría, su publicación inicial en esta revista y las condiciones de la licencia.