John Kwoka, Nov 01, 2009
In the latter half of the 20th century, the U.S. auto industry truly lost its way. It squandered its competitive advantage, allowed itself to become vulnerable to forces beyond its control, lost its markets one by one to foreign rivals, and stared into the abyss of its complete demise. Only U.S. government intervention on a previously unimaginable scale prevented that outcome. A great debate emerged over the causes of the auto industry´s collapse, the rationale for government intervention, and the effects of competition between government owned and private auto companies. That debate was leapfrogged by events that forced decisions about intervention and ownership. But events have not obviated the need for examining these questions, since the U.S. government is now even more deeply involved in the U.S. auto industry. In addition, this experience may serve as a model or argument for other troubled sectors. This paper seeks to cast light on some of the issues raised by government intervention.
Links to Full Content
Featured News
Geradin Partners Expands Paris Office with Key Hire
Aug 30, 2024 by
CPI
Judge Accuses Google of ‘Clear Abuse’ in Antitrust Case Over Deleted Employee Chats
Aug 29, 2024 by
CPI
Hong Kong Cleaning Company Employee Charged in Historic Antitrust Investigation Case
Aug 29, 2024 by
CPI
Inside the Yelp Suit: Allegations of Google’s Abuse of Search Power
Aug 29, 2024 by
CPI
AI Safety Bill Clears Hurdle in California, Heads to Governor’s Desk
Aug 29, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – State Attorneys General
Aug 22, 2024 by
CPI
CPI Talks… …With Attorney General Phil Weiser
Aug 22, 2024 by
CPI
The Bipartisan Miracle of State Antitrust Enforcement
Aug 22, 2024 by
Gwendolyn J. Lindsay Cooley
Recent Developments in State Antitrust Enforcement: Agriculture and Food Markets
Aug 22, 2024 by
Elizabeth R. Odette
State Attorneys General: Stewards of Consumer Health and Welfare
Aug 22, 2024 by
Brooke Howlett Lovrovich