Government: Indictment Against G.M.

Indictment Against G.M

General Motors is often a target of trustbusters and social critics of big business for selling 45% of all U.S. cars, 40% of all trucks, and 95% of buses. Last week G.M. was under attack on a less familiar front. In Manhattan, a federal grand jury, after hearing evidence for 17 months, handed down a criminal indictment against the corporation on charges of monopolizing the U.S. diesel locomotive industry.

The Government charged that G.M. used its position as a major U.S. shipper of goods to coerce railroads into buying G.M. equipment, had even gone so far as to...

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