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Really? Then you don’t know about National City Lines (https://en.wikipedia.org/wiki/National_City_Lines https://en.wikipedia.org/wiki/National_City_Lines). The
by mproud 12y ago
Really? Then you don’t know about National City Lines (https://en.wikipedia.org/wiki/National_City_Lines https://en.wikipedia.org/wiki/National_City_Lines). They were indicted in 1947 on charges of conspiring to acquire control of a number of transit companies, and of forming a transportation monopoly to control sales. (https://en.wikipedia.org/wiki/National_City_Lines#cite_note-para1-12 https://en.wikipedia.org/wiki/National_City_Lines#cite_note-...) GM, Firestone, Standard Oil and others were involved.
- hapless 12y agoA conspiracy to control sales of busses. Every transit agency in the country was already investigating busses to replace street-level rail and trolley-bus systems. Lower costs (both up front and operating), greater route flexibility, and new capabilities seemed like a slam dunk. The "conspiracy" was an attempt to corner the market on the already-inevitable replacement of legacy non-rapid transit systems. The conspirators were willing to spend a good deal of money to make certain that transit groups would buy GM buses with Firestone tires, not Ford and Michelin.
- mproud 12y agoI don’t buy it. NCL, incorporated in Delaware, was a holding company which took over 46 transit systems in 16 states. Doesn’t sound like flowers and bunnies to me.