The GM-Toyota Joint Venture
Publication Date: September 1983
Publisher(s): Heritage Foundation (Washington, D.C.)
Author(s): John F. Copper
The Toyota-GM venture represents free enterprise--not monopoly. There is no evidence to indicate that the U.S. government or the American public should be concerned that the two companies would or could corner the market. The scope of the joint venture is limited to one factory, to one car, and a fixed time of operation.