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Exactly. Without a doubt there was a literal conspiracy to undermine urban mass transit during the 1930s and 1940s. Firestone, Phillips, Standard Oil, and GM we
by edj 13y ago
Exactly. Without a doubt there was a literal conspiracy to undermine urban mass transit during the 1930s and 1940s. Firestone, Phillips, Standard Oil, and GM were all convicted of conspiracy, for Pete's sake.
http://en.wikipedia.org/wiki/General_Motors_streetcar_conspiracy http://en.wikipedia.org/wiki/General_Motors_streetcar_conspi...
- kahirsch 13y agoThey were convicted of trying to monopolize sales of buses and bus parts, not eliminate mass transit.
- loup-vaillant 13y agoBayesian evidence. Being convicted of a crime is strong evidence that you might have committed other related crimes. If those companies where convicted of collusion, then it is very likely they conspired about more than a little monopoly.