Sep 16, 2013

FTC investigating dealers who opposed TrueCar for collusion

FTC investigating dealers who opposed TrueCar for collusion

TrueCar and automotive dealerships just can't seem to stay out of the spotlight. An investigation is underway by the Federal Trade Commission into a number of dealers that stand accused of "agreeing to refuse to deal with TrueCar," according to an FTC letter obtained by Automotive News. The alleged collusion, which would violate federal competition laws, has triggered a non-public investigation that has had many dealerships, and TrueCar itself, served with letters demanding documents.

Autoblog , FTC investigating dealers who opposed TrueCar for collusion, FTC investigating dealers who opposed TrueCar for collusion

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