A case brought against Uber by Los Angeles-based Diva Limousine argues that Uber's business model — as it pertains to drivers — financially harms its competitors.
Officials in two countries are investigating whether Grab's acquisition of Uber's Southeast Asia operations violates various antitrust laws.
The bankruptcy of the Haggen grocery chain shows the FTC hasn’t learned its lesson.
Manheim and several other remarketing industry partners will continue moving forward to develop a multiplatform bidding system in the wake of announcements by ADESA and ServNet Auctions dropping out of the planning process.
After announcing the completion of $525 million in debt financing and receiving regulatory clearance in the UK, Avis and Zipcar expect to close the merger during the week of March 11.
The companies currently expect Avis Budget Group's acquisition of Zipcar to be completed in March or April 2013.
Hertz revised earlier statements on the number of on-airport Dollar Thrifty locations it will have to divest, but said it has completed purchasing 99.6% of the shares of Dollar Thrifty common stock.
According to the FTC’s complaint, Hertz’s original proposed acquisition of Dollar Thrifty would be anticompetitive and would violate both Section 5 of the FTC Act and Section 7 of the Clayton Act, in a number of airport car rental markets.
An antitrust litigator sheds some light on the FTC’s process regarding a Hertz merger with Dollar Thrifty.
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