ACUERDOS OLIGOPOLÍSTICOS ENTRE LAS DOS PRINCIPALES EMPRESAS DE UN SECTOR. EL CASO DE MZA Y NORTE.

Abstract

The Spanish railway sector has been widely studied from various perspectives, due to the important role it has played in economic progress. This research focuses on a unique aspect, in the oligopolistic agreements reached by the two most important Spanish companies in the sector. The object of this investigation is the two largest private railway companies in Spain: NORTE and MZA. The main conclusion of the work is that, in 1906, NORTE and MZA established one of the first joint ventures in history between two companies to dominate a sector.