Directing the Federal Trade Commission to investigate and report on anticompetitive practices and violations of the antitrust laws in the fire truck manufacturing industry.
This joint resolution directs the Federal Trade Commission to investigate potential anticompetitive practices and antitrust violations in the fire truck manufacturing industry and submit a report within one year. The investigation should examine price fixing, price gouging, serial acquisitions, and monopolization practices, as well as their effects on fire departments, firefighters, municipalities, and small businesses. The resolution is prompted by significant industry consolidation where three companies now control 70 to 80 percent of the market, fire truck prices that have roughly doubled over the past decade while delivery times have extended to 4.5 years, and a class action lawsuit filed by La Crosse, Wisconsin alleging price-fixing conspiracy. The FTC must also report to Congress if any companies fail to provide timely responses to investigative requests and should recommend potential legislative or other remedial actions based on its findings.
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