or is it?
The Phoebus cartel was a cartel of, among others, Osram, Philips, and General Electric[1] 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".
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