FTC Seeks More Info On Avis, Dollar Thrifty Deal

Law360, New York (June 15, 2010, 11:00 AM EDT) -- The Federal Trade Commission has sent Avis Budget Group Inc. a request for more information about the car rental heavyweight's potential acquisition of rival Dollar Thrifty Automotive Group Inc.

“Avis Budget continues to cooperate with the FTC in its review of this potential transaction,” the company said Tuesday. An FTC representative confirmed that the agency is looking at the transaction but declined further comment.

Avis announced May 13 that it had filed notification with federal antitrust authorities under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 relating...
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