In 46 of the main U.S. states it is illegal for automobile companies to vertically integrate by owning their retail dealerships directly; dealers must be locally owned.
factualpending
Speaker
Michael MungerEvidence Quote
“in 46 of the main states it's illegal for any of the automobile companies to own their retail outlets directly they have to be locally owned technical term I think would be vertical integration”
Source
Michael Munger on Franchising, Vertical Integration, and the Auto Industry 06/22/2009— EconTalkCreated: 6/17/2026, 10:31:26 AM
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