Encyclopedia of Law and Economics

2019 Edition
| Editors: Alain Marciano, Giovanni Battista Ramello

Craft Guilds

  • David DolejšíEmail author
Reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7753-2_642


Craft guilds were formal professional organizations in medieval and early modern Europe that operated in specific areas of industrial production. The primary objective of these organizations was to protect interests of their members. To achieve this goal, craft guilds engaged in a variety of activities from which obtaining legal monopolies over local production and trade within their crafts was the most important.

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© Springer Science+Business Media, LLC, part of Springer Nature 2019

Authors and Affiliations

  1. 1.Faculty of Social and Economic Studies, Jan Evangelista Purkyne UniversityÚstí nad LabemCzech Republic