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: It's (Barely) Legal

U-Haul Conspired to Fix Prices

By Glen Ashman

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U-Haul Settles FTC Charges for Trying to Fix Prices

National Law Journal

U-Haul International Inc. today settled charges brought by the Federal Trade Commission that it tried to fix prices for truck rentals with its closest competitor. U-Haul and its parent company Amerco were charged with violating Section 5 of the FTC Act for inviting Avis Budget Group, Inc. to collude on prices between 2006 and 2008. Together, the two companies account for 70% of the one-way truck rental market.

Full post as published by It's (Barely) Legal on June 09, 2010 (boomark / email).

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