U-Haul and its parent company settle FTC charges that they invited competitors to fix prices for truck rentals | Practical Law

U-Haul and its parent company settle FTC charges that they invited competitors to fix prices for truck rentals | Practical Law

On 9 June 2010, the US Federal Trade Commission (FTC) announced that it has reached a settlement with U-Haul International, Inc. (U-Haul) and its parent company, AMERCO, to resolve FTC charges that U-Haul invited its closest competitor, Avis Budget Group, Inc. (Budget) to collude on prices for truck rentals.

U-Haul and its parent company settle FTC charges that they invited competitors to fix prices for truck rentals

by Practical Law
Law stated as at 09 Jun 2010 • USA (National/Federal)
On 9 June 2010, the US Federal Trade Commission (FTC) announced that it has reached a settlement with U-Haul International, Inc. (U-Haul) and its parent company, AMERCO, to resolve FTC charges that U-Haul invited its closest competitor, Avis Budget Group, Inc. (Budget) to collude on prices for truck rentals.