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But controlling supply is not enough.
And it became a company that focused on increasing demand rather than controlling supply.
With the amalgamated airline more influential in controlling supply, fares are likely to rise.
For decades, the company had been an unapologetic monopolist, working to keep diamond prices high by controlling supply.
It is the emergence of shale drilling – where pumping a mixture of chemicals, water and sand into dense rock releases trapped oil – that has prevented Opec from controlling supply and demand in the way it did in the past.
If Britain's drugs entrepreneurs prove as adept at creating demand as they are at controlling supply, the cocaine boom will pay for several new taxi firms and car dealerships in Essex and Lanarkshire this year.
Similar(45)
The organisation was founded in 1960 with the explicit purpose of manipulating oil prices by controlling supplies.
Its new strategy is supposed to end the practice of controlling supplies in favor of promoting demand for diamonds as the main force in the diamond business.
There is a tightly controlled supply of product.
He said non-OPEC countries have had a history of backing OPEC to control supply.
In many respects, the job, either way, is to find and control supply.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com