[lbo-talk] New Imperialism? Imperialism has been monopoly

[B.]

Before the 1950s, though, there were a lot of other
auto makers: Pierce-Arrow, Nash, Premier Motor
Corporation, Essex Motors [Detroit], etc. The 1950s
may have represented the culimination of US automaker
monopolization. But before that, there were definitely
more than just a 'big three.' It was a very active,
lively market within the US.

I happen to have a book in front of me that contains
alot of ads from US auto-makers from the 1940s and
prior, going back to about 1890. You'd be amazed how
many there were.

-B.

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Doug Henwood wrote:

" The auto sector in the US in the 1950s was dominated
by the big three; now there are something like ten
major players, and the big three's market share is
down to 58%."