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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.
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Officials in two countries are investigating whether Grab's acquisition of Uber's Southeast Asia operations violates various antitrust laws.
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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.
Read More →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.
Read More →The companies currently expect Avis Budget Group's acquisition of Zipcar to be completed in March or April 2013.
Read More →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.
Read More →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.
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