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Federal Trade Commission

CarMax and Other Dealers Fail to Disclose Unrepaired Recalls

Despite highlighting their inspections, the Federal Trade Commission alleges that CarMax, West-Herr Automotive Group, and Asbury Automotive Group failed to adequately disclose that some of their vehicles had open recalls, including the Takata airbag defect.

FTC Approves Advantage Sale to Catalyst Group

The Federal Trade Commission (FTC) has approved an application by Franchise Services of North America Inc. (FSNA) to sell its Advantage Rent A Car business to The Catalyst Capital Group Inc.

Catalyst Wins Bid for Advantage

Catalyst Capital Group Inc.’s bid for bankrupt Advantage Rent A Car was approved at auction yesterday over the only other bid, from Sixt.

FTC Issues Final Approval of Hertz-Dollar Thrifty Deal

The modified final order adjusts some of the dates by which Hertz must transfer certain airport rental locations, clarifies some details regarding the possible resale of the divested assets and notification of key staffing changes.

FTC Rules on Hertz’s Acquisition of Dollar Thrifty

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.