Car rental companies Dollar Thrifty Automotive Group, Inc. (DTG) and Avis Budget Group, Inc. (CAR) said Tuesday that they believe substantial progress has been made in talks with the Federal Trade Commission on the competitive issues regarding Avis Budget’s potential acquisition of Dollar Thrifty, but the FTC’s position with respect to the issues remains uncertain.
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Dollar Thrifty, Avis Budget Believe Substantial Progress Made In Talks With FTC
The Federal Trade Commission is being asked to explain why the rental-car industry shouldn’t have to live by the same rule that requires auto dealers to fix vehicles facing a recall notice before they can be sold. Two consumer groups and New York Democratic Sen. Charles E.
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Feds pressed on rental-car recall policies
Two consumer groups and a key lawmaker have asked the Federal Trade Commission to force the country’s largest rental company, Enterprise Holdings Inc., to fix vehicles under recall before renting them out to travelers.
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Rental-car companies urged to fix recalled vehicles before renting them out