Market Power and Market Change in the U.S. Automobile Industry
指出美国汽车公司困境常被归因于油价上涨、经济衰退等外部因素，但较少被认识到的是通用汽车长期垄断这一关键作用，认为市场集中扭曲了决策，使企业易受外部冲击并导致整个行业受损。
two of their number. The companies' difficulties are generally attributed to oil price increases, economic recessions, increasing government regulation, and changing cost conditions relative to foreign producers. Less often recognized, however, is the crucial underlying role of monopoly power in the industry, and in particular the long-standing dominance of General Motors. The concentration of the automobile market, this paper will argue, has led to distortions of decision making, which rendered the companies vulnerable to outside forces and ultimately induced responses that proved damaging to the entire U.S. industry.