Justice Department launches antitrust probe into four automakers around emissions deal with California
Friday, 6 September 2019 () Photo by Florian Gaertner / Photothek via Getty Images
The Justice Department has launched an antitrust investigation into four major automakers that struck an independent deal with California to reduce vehicle emissions, The Wall Street Journal reports.
According to the Journal, federal investigators are trying to figure out whether the four automakers — Ford, Volkswagen, BMW, and Honda — engaged in anticompetitive behavior when they agreed with each other to follow California’s fuel economy standards, which largely matches the cleaner vehicle plan put in place by the Obama-era Environmental Protection Agency.
"The Trump administration has been working feverishly to roll back Obama-era fuel economy standards"
The Trump administration has been working feverishly to roll back the Obama...
Two key U.S. lawmakers on Thursday asked the White House to turn over documents that would show if President Donald Trump interfered or directed a Justice... Reuters Also reported by •Seattle Times •Reuters India