Business Fleet – Market Trends

Will Internet-Enabled Procurement Systems Lead to FTC Regulations

September 4, 2000

Last June 29 was a watershed date for the emerging "new" fleet management industry. On that date, the Federal Trade Commission (FTC) launched a two-day public hearing in Washington, DC, on business-to-business (B2B) Web-based procurement marketplaces because it is concerned about their anti-trust implications. (See my editorial in the June 2000 issue, page 12.) The two best examples of online procurement marketplaces in the automotive industry are Covisint and Roadsmith.com, a fleet-specific exc

Author: Mike Antich | Posted @ Monday, September 4, 2000 3:02 PM | » Comments(-6)

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AUTHOR BIO

Mike Antich

Editor and Associate Publisher

Mike Antich has been covering the fleet management and vehicle remarketing markets for more than 20 years. During this period, Mike has written or edited more than 4,600 articles on the subjects of fleet management, manufacturer fleet activities, the fleet leasing industry, and vehicle remarketing. He was inducted in the Fleet Hall of Fame in 2010.

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