The league was established near the end of World War II in 1949 as the Corporate Alliance by a group of wealthy families and businessmen seeking to exploit the power vacuum in Europe. The Corporate Alliance managed to carve out a place for itself in the region during the National Dismantlement War, and was later renamed the League of Ruling Companies in 1956, afterwhich it was followed by the Pax Economica. Generally staying out of world politics and international disputes, the League does occassionally step into conflict to protect or increase their assets, be it political favors or minerial-rich land.