FTC resolves 'Clean Truck Partnership' antitrust concerns

WASHINGTON (Reuters) -The U.S. Federal Trade Commission said on Tuesday it had 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 (NASDAQ:PCAR), and Volvo (OTC:VLVLY) 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.