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"Mayor Tom Bradley and Oscar Lundeen on General Motors antitrust allegations"

February 26, 1974


KTLA reporter Dick Garten reports on Tom Bradley's allegations that in 1944 General Motors and Standard Oil Company of California financed American City Lines. American City Lines then purchased over a thousand miles of rail transit systems in Los Angeles County, and neighboring counties, and replaced them with General Motors buses fueled by Standard Oil. In the clip, Bradley talks about how General Motors and other corporations have not always acted in the public's best interest. Oscar Lundeen, the Executive Vice-President of General Motors denies these allegations, and is confident the charges will be proved false. Garten also briefly mentioned that charges have been submitted today to the Senate Subcommittee on Monopoly and Antitrust, but that will not get the train cars back on the rails anytime soon.