| The Big 3 automakers represent an oligopoly that needs to be broken up. That's the only way to have a competitive Auto Ind. |
|
|
|
Asked 350 days ago
by iamafractal  United States |
|
About
Iterative system.
|
| 4 Points |
They aren't competitive any more. Go to any of the dealers and check out the prices of the different cars in the same class. Just about the same give or take a few hundred. I think they get together and set the prices so that they all make money. They are all over priced anyway. They might start getting somewhere if they start dropping the prices of their cars.
they may not be able to be competitive, but they sure are good at blocking everybody else from really entering the market.
I use as a case and point, the whole debacle with the EV-1 that was depicted in the documentary, "who killed the electric car."
they not only recalled these successful vehicles, but made sure to shred them so completely that nobody would ever see them again.
GM bought out ECD Ovonics, the company that developed battery technology that would give a car more than a 1000 mile range on a charge... then when they canceled the EV-1, they sold ECD Ovonics to none other than Cheveron...
Don't worry, they're not pursuing that battery technology at all anymore.
I know you probably agree with me that that sucks.
and you probably agree with me that such companies should be allowed to die if they fail.
I feel that if they're so likely to fail, then we have an opportunity to cut them up into nimble competitive little companies that can actually innovate and stop being afraid of losing money on business models that exist today. but just see what happens when there's something new.
Yeah I did some reading on that some time ago. Another factor is the oil industry. Do you think they want the auto industry not using gas and oil for their cars? No way. Gigantic lobbies.
ok so here's the $64 question.
is it proper to allow collusion such as that to go unfettered?
http://washparkprophet.blogspot.com/2006/10/iron-law-of-oligopoly-in-action.html