"Dealerships Under Fire: FTC Unveils Six 'Illegal Pricing Practices' in Scathing Letter In a move that has sent shockwaves through the automotive industry, the Federal Trade Commission (FTC) has taken aim at 97 dealership groups in a scathing letter outlining six 'illegal pricing practices' that are allegedly being used to deceive consumers. According to Christopher Mufarrige, director of the FTC's Bureau of Consumer Protection, these practices are a clear breach of federal regulations and will not be tolerated. The letter, sent in March, highlights a range of suspicious tactics, from artificially inflating prices to concealing fees and charges. With the FTC cracking down on these alleged practices, dealerships are now facing increased scrutiny and potential consequences for their business practices."
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.