Antitrust proves to be it's own worst enemy

[reality_hammer]

Somewhere in the universe of free trade, protectionism, competition and antitrust lies the story of General Motors. The National Review ponders how GM came to this pointAntitrust, of course, is concerned about one domestic company dominating the domestic market. As Burton Folsom points out this leaves a company targeted by antitrust proponents

Comments

[tbonestg]

Eh, it's a little dated. GM is fucked now because it spent the last 20 years being run by accountants rather than engineers.

I mean, Cadillac has done a decent job of turning around, after realizing that their original customer base was dying off. I wish Buick had done the same thing...or have been killed off instead of Oldsmobile (only because I've got an attachment to the Olds Cutlass of the 1960s).

But anyone who has driven a rental car lately knows why American cars don't tend to sell that well.