However daunting, the transmission development deal that unites the world’s two largest auto makers does not appear to cross the line into anti-trust territory, the Federal Trade Commission tells Ward’s. “It is not an anti-trust violation, or even near so, for two groups to get together and use mutual resources and then go off on their own to produce (product),” an FTC spokeswoman says after General Motors Corp. and Ford Motor Co. shock the industry by announcing a joint venture ...

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