"Dealership Price Fixing Exposed: FTC Cracks Down on Illicit Practices. In a move aimed at protecting consumers from unfair business tactics, the Federal Trade Commission (FTC) has identified six "illegal pricing practices" that auto dealerships are allegedly using to inflate prices. According to a letter sent to 97 dealership groups in March, the FTC's director of the Bureau of Consumer Protection, Christopher Mufarrige, has warned these dealerships that they risk facing enforcement action if they continue to engage in these illicit practices. The letter sheds light on a long-standing issue in the automotive industry, where some dealerships have been accused of manipulating prices to maximize profits at the expense of unsuspecting buyers."
The six “illegal pricing practices" outlined by Christopher Mufarrige, director of the FTC’s Bureau of Consumer Protection, in a letter he sent to 97 dealership groups in March.
