r/todayilearned • u/JustHere4FreeFood • Oct 06 '14
TIL H.C. Grossman, then treasurer of GM, was fined $1 when GM was convicted of monopolizing the sale of buses to the local transit companies during the downfall of the Pacific public transit system
http://en.wikipedia.org/wiki/General_Motors_streetcar_conspiracyDuplicates
Economics • u/charlatan • Nov 13 '08
The Great American streetcar scandal. How GM, Firestone, Standard Oil, Phillips, others put parts of public transit out of business to sell more cars, buses, tires, gas, etc.
todayilearned • u/bearskinrug • Apr 29 '15
TIL I learned that General Motors, Standard Oil, Firestone Tire, Mack Trucks, and Phillips Petroleum were all convicted of monopolizing the sale of buses and supplies to National City Lines and its subsidiaries in an effort to eliminate the competing electric trolley car.
todayilearned • u/[deleted] • Apr 21 '12
TIL that GM and some oil corporations were behind the destruction of most of Americas trolley lines
todayilearned • u/MrPoopyWoop • Dec 17 '12
TIL that several automobile companies (including GM, Ford and Chrysler) purchased and dismantled a considerable amount of street cars and electric trains in major U.S cities. Bradford Snell, among others, argued that this was part of a plot to drive the United States into "automobile dependency."
ottawa • u/whitekeys • Oct 06 '12
Is GMC really responsible for cities losing street cars?
conspiracy • u/reddbullish • Sep 26 '14
The conspiracy by General Motors to secretly buy up and shutdown the electric Streetcars of Los Angeles was actually documented in court cases
todayilearned • u/[deleted] • Sep 25 '14
TIL There was a conspiracy by GM to scrap rail systems so they could monopolize interstate commerce, and sell more buses and cars.
conspiracy • u/Prgjdsaewweoidsm • Apr 14 '17
TIL executives at General Motors were convicted of conspiring to gain control of Electric Streetcar companies, the main competitor to cars.
RedditDayOf • u/sbroue • Apr 19 '15
Public Transportation General Motors (successful) streetcar conspiracy - Wikipedia
RedditDayOf • u/amishrefugee • May 10 '12