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Groups warn that FTC move against car dealerships will raise prices

By Paul Bedard
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Groups warn that FTC move against car dealerships will raise prices

A move by the Federal Trade Commission to tackle the current car dealership system could lead to fewer dealers and much higher prices, five influential conservative groups said in a letter to the agency.

Led by Americans for Tax Reform, the five accused the FTC of targeting the system potentially for break up despite evidence that the competitive system saves car buyers nearly $500.

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