GOVERNMENT: Friendly Warning

Trustbuster Stanley N. Barnes last week delivered a friendly warning to the auto industry. Said Barnes in a speech before the Manhattan convention of the Nation al Wholesale Dry Goods Association: "An undue concentration is becoming more and more sharply recognizable in the automobile industry, and if it continues, [it] will require action of some kind to solve." His biggest objection: the Big Three last year accounted for 95.7% of auto sales v. 94.4% in 1954. While General Motors kept a 50.3% share of the market, Chrysler boosted its share from 12.9% to 17.1%—"at the expense of Ford and...

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