Page 107 - Azerbaijan State University of Economics

Nazim U. Hajiyev: Assessment stages of cyclical development of monopoly and
competition in terms of the reconstruction of Azerbaijan economy

During the I World War there were more than 400 unions in Germany. For

example, Rein-Bestfall coal syndicate produced 93% of all Rur coal and 54 % of

German coal in 1913. Essen cast iron syndicate which owned 43-44 % of all cast-

iron production played an important role too. Also, sugar syndicate controlling

70% of internal market and 80% of export, paper syndicate controlling 80% of

paper production and etc. could be noticed [Bagdanov A. 1993 , p. 118].

Prodamet syndicate took major role among Russian syndicatees. This

syndicate controlled 83 % of iron sort and layer iron, 95 % of log and sveller , 75

% of railway rails and 100% of railway shafts production and sales in 1912.

Produgol syndicate took second place controlling all production of Donetsk coal

field or approximately 2/3 part of Russian coal production. This syndicate

continuously limited coal supply in market and gained opportunity to increase

prices sharply by creating an artificial coal shortage. With the same method sugar

syndication (100% of production), Roofing syndication (70% of the production

of iron roofing), Copper syndication (95% of copper production), "Platinum"

Syndication (90% of platinum production),

tobacco trust (70%), plug trust (100%), syndication manufacturing agricultural

tools (more than 70%) and "Prodvaqon" syndication (97% of wagon

production) functioned well. Syndicate movement also covered production of

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