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Word: ticksaktiebolaget (lookup in dictionary) (lookup stats)
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...Swedish Match Factories, Ltd. He then reorganized Kreuger & Toll as a holding company for the match factories, left Herr Toll to look out for the construction end of his business. In 1917, Jönköping-Vulcan and United Swedish were merged into Swedish Match Co.-Svenska Tands-ticksaktiebolaget-and Herr Kreuger had achieved the first of his many monopolies. The monopolistic aspect of Herr Kreuger's activities have caused most comment and criticism. In Poland, Peru, Greece, Ecuador, Hungary, Esthonia, Jugo-Slavia, Rumania, Latvia he has an absolute match monopoly, guaranteed by the governments concerned in return...

Author: /time Magazine | Title: Business: Monopolist | 10/28/1929 | See Source »

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