The Federal Trade Commission said it has resolved antitrust concerns arising from the “Clean Truck Partnership,” which involves major truck manufacturers.
Under the Clean Truck Partnership, four manufacturers — Daimler Truck, International Motors, PACCAR, and Volvo Group — agreed in 2023 to abide by a series of California Air Resources Board regulations limiting truck sales and greenhouse gas emissions, the commission said.
FTC Chair Andrew Ferguson said in a statement, “The Clean Truck Partnership is an example of companies agreeing to eliminate competition and reduce output under the guise of Environmental, Social, and Governance (ESG) objectives.”
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