Why didn't any country complain to the WTO about the car company bailouts by the U.S.? Aren't financial bailouts considered to be illegal subsidies according to the WTO? If so, why didn't any country make any complaints in the WTO against the U.S.?
In an article, trade lawyers were quoted as saying the auto-bailouts could lead to WTO complaints.
Trade lawyers say that U.S. loans for Chrysler [CCMLPD.UL] and General Motors (GM.N), Swedish assistance for Saab (SAABb.ST) and Volvo (VOLVb.ST), and car industry aid packages in Canada, Germany, France, Australia, Argentina, South Korea, China and elsewhere all could lead to WTO complaints.
However, no complaints were made, why?