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The GM-Toyota Joint Venture

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Publication Date: September 1983

Publisher(s): Heritage Foundation (Washington, D.C.)

Author(s): John F. Copper

Topic: Manufacturing and industry (Automotive industry)

Type: Report

Abstract:

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.