GM and the law

Article Abstract:

A damages award against General Motors by a jury in California is surprising due to the large sum involved, $4.9 billion. This sum could be reduced after an appeal, but there is still a case for tort reform. An engineer has calculated that it would cost more to deal with problems arising from the location of the fuel tank than it would to pay damages related to deaths resulting from this problem. This could deter companies from carrying out cost-benefit analyses.

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Driven to distraction

Article Abstract:

The launch of the euro may increase pressure to reform the European car market. The euro will expose price differentials in the new-car and spare-parts sectors, and may boost calls to reform the controversial block exemption rule.

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The noose tightens

Article Abstract:

Regulations are being introducedin Europe to control anti-competitive practices in the car market.

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