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I say, let the company be forced to be auctioned away and a ban on the executives from holding board/executive position for the next 5 years

GM is nowhere near a monopoly in the automobile market, so that isn't an issue in this case.

Given the recent demonstrative pricing power the auto industry appears to be an oligopoly.

Aided by fuel "economy" regulations, obsolete tariffs and refusal to harmonize regulatory requirements with the EU.