During which period did Kreuger negotiate match monopolies worldwide?
Post-WWI
Between the world wars
During WWII
Pre-WWI
Answer
Between the world wars, Ivar Kreuger, a Swedish financier and industrialist, negotiated match monopolies worldwide. He established the Swedish Match Company, which gained control of over 80% of the global match market. Kreuger's strategy involved acquiring existing match companies and negotiating exclusive agreements with governments to prevent competition. This allowed him to set prices and maximize profits, creating a vast and lucrative empire.
Mastermind or Mogul: The Intriguing Tale of Ivar Kreuger
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