Budget Settles With FTC Over Fuel Charges

Law360, New York (November 21, 2007, 12:00 AM EST) -- Budget Rent-A-Car has agreed to a settlement that will put to rest allegations by the U.S. Federal Trade Commission that the rental car company charged certain customers a fee for fuel that was deceptive and violated federal law.

The commission revealed on Tuesday that it had voted 5-0 to accept a proposed consent agreement with Budget, which is a subsidiary of New Jersey-based Avis Budget Group Inc.

The agreement bans Budget from misrepresenting any charge, fee, cost or other term or condition of its rental agreements...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.