I once heard that in the middle of 20th century, public transportation in the USA was widely privatized and bought by automotive manufacturers, and then wilfully left to rot, so that people would buy more cars.
However, I can’t find anything backing that up. Do you know whether that’s true, and where I can find some sources for that?
Yea I’m pretty sure this is what OP heard about, it’s a common tidbit that gets shared
Ownership wasn’t secret then, and it’s not secret now. What happened then was that they bought transit things and shut them down. That COULD happen now too, but it would happen pretty publicly
They do lobby governments though
Wasn’t there a recent story about Greyhound being bought out and selling assets or shelving routes?