Balint, Warren, Banks, and Cline File Bipartisan, Bicameral Resolution Directing the FTC to ...

Congress has filed a bipartisan resolution directing the FTC to investigate serial acquisitions and consolidation in firetruck manufacturing, where three companies now control the vast majority of the market following two decades of PE and M&A activity. Consolidation has driven firetruck prices to double in a decade, forced manufacturing plant closures, extended delivery backlogs to five years, and created safety risks for firefighters.

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