Comments on ‘Multinational Enterprises and International Cartels: The Strategic Implications of De-gobalization’ by Peter J. Buckley and Mark Casson

ABSTRACT

[...]collaborative strategies in such industries often are supported by federal government departments in the name of stabilizing production at greater-than-market-demand levels, often by providing price supports to keep more marginal farms and mines in operation. Making other locations cost competitive for mining and smelting processes operated by private enterprises will likely require cooperation to minimize price competition and to reduce costs as much as possible. [...]rising populations and climate change seem likely to raise the threat of food shortages due to drought, flood, and political machinations. [...]even though over 60% of TSMC's revenues came from IC design firms based in North America, actual production of the most advanced chips is concentrated on one small island that is subject to earthquakes and tropical storms and is at the heart of China's political objectives of consolidating what it sees as its historical territories.