2) With the UAW owning GM, but representing autoworkers for Ford and Chrysler, would it not be in their best interest to not bargain in good faith with Ford and Chrysler. They should have no interest in reaching any labor agreement unless it does major harm to Ford and Chrysler (the competition. With this arrangement can they truly represent the best interest of union workers for Ford and Chrysler? Situation: Ford has tremendous success and is stealing market from GM. Wouldn't the UAW have interest in stopping that due to their financial interest in GM?
I really am looking for clarification as I see no way for this arrangement to be fair or to work.
Excellent question!! I have not heard this one asked by any media.