• Demonstrating Potential Reach of its Section 5 Authority, FTC Announces Settlement Concerning Alleged ‘Invitation to Collude’ With Competitor
  • June 23, 2010
  • Law Firm: Greenberg Traurig P.A. - Miami Office
  • On June 9, 2010, the Federal Trade Commission (FTC) announced its approval, by a 5-0 vote, of the settlement of a complaint against U-Haul International, Inc. (and its parent company AMERCO) alleging that U-Haul attempted to collude with its competitor Budget to fix truck rental prices. The FTC did not name Budget as a defendant and did not assert that it had engaged in any wrongdoing whatsoever.