Directing the Federal Trade Commission to investigate and report on anticompetitive practices and violations of the antitrust laws in the fire truck manufacturing industry.
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Summary
This joint resolution directs the Federal Trade Commission to investigate and report on anticompetitive practices and antitrust violations in the fire truck manufacturing industry within one year. The resolution cites concerns about market consolidation, rising prices, extended delivery times, and alleged anticompetitive conduct that have affected fire departments' ability to procure equipment. The FTC is instructed to examine price fixing, price gouging, serial acquisitions, and monopolization, and to report on effects and recommend remedial actions.
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