GOVERNMENT: Case Study: G.M.

At the outset of last year's investigation of General Motors by the Senate Subcommittee on Antitrust and Monopoly, New Dealing Chairman Joseph C. O'Mahoney declared that he was not out to break up G.M., but to examine it as a "case study" of economic concentration. Last week, when O'Mahoney brought out his "case study," it was less a study than a ringing attack on G.M.'s size and profits, a sharp demand for its dismemberment.

Right off, the committee proposed that G.M. split off its customer financing subsidiary, General Motors Acceptance Corp. Said O'Mahoney:...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!