The Wall Street Journal: Justice Department subpoenas four auto makers over California emissions deal

The Justice Department has issued civil subpoenas to four auto makers that reached a tailpipe emissions deal this summer with the state of California, according to people familiar with the matter, the latest development in a federal antitrust investigation that has generated political controversy.

The subpoenas come on the heels of initial discussions between the department’s antitrust division and Ford Motor Co. F, -0.34%  , Honda Motor Co. HMC, +0.90%  , BMW AG BMW, +1.28%   and Volkswagen AG VOW, +2.50%   regarding a July agreement between the auto makers and the California Air Resources Board on fuel efficiency standards. The California framework is at odds with the Trump administration’s regulatory approach.

The Justice Department in late August began asking the companies whether they agreed among themselves on the outlines of the deal with California regulators.  If there was such collaboration, it could raise antitrust concerns, the department said.

Mary Nichols, chairwoman of the California Air Resources Board, has said the state worked individually with the auto makers and that all parties were mindful of not violating antitrust laws.

The subpoenas, called civil investigative demands, are an indication that the initial dialogue between the auto makers and the Justice Department hasn’t fully resolved the matter. But the department’s formal demands also give the companies a mechanism to provide information that could clear them from suspicion.

An expanded version of this report appears on WSJ.com.

Also popular on WSJ.com:

A new strain of HIV is recorded under group that caused pandemic.

For sale: SAT-takers’ names. Colleges buy student date and boost exclusivity.

Filed in: Top News Tags: 

You might like:

Gifts That Pay Off: This holiday gift could earn your child $52,927 Gifts That Pay Off: This holiday gift could earn your child $52,927
Market Snapshot: S&P 500, Nasdaq still on pace to set records as stock-market gains fade Market Snapshot: S&P 500, Nasdaq still on pace to set records as stock-market gains fade
Rex Nutting: Trump didn’t transform the economy — it’s mostly the same as it was under Obama Rex Nutting: Trump didn’t transform the economy — it’s mostly the same as it was under Obama
The Number One: If you majored in this in college, there’s a good chance you’re kicking yourself The Number One: If you majored in this in college, there’s a good chance you’re kicking yourself
Deep Dive: Sales winners in the third quarter include Netflix, Autodesk and PayPal Deep Dive: Sales winners in the third quarter include Netflix, Autodesk and PayPal
Tyson Foods says its Beyond Meat rival Raised & Rooted is now in 7,000 stores Tyson Foods says its Beyond Meat rival Raised & Rooted is now in 7,000 stores
Trump Today: Trump says U.S.-China deal could happen soon and speaks at New York fundraiser Trump Today: Trump says U.S.-China deal could happen soon and speaks at New York fundraiser
Capitol Report: Trump calls U.S.-China deal ‘close’ in speech where he blasts Fed and touts economic successes Capitol Report: Trump calls U.S.-China deal ‘close’ in speech where he blasts Fed and touts economic successes

Leave a Reply

Submit Comment
© 2019 Stock Investors News. All rights reserved. XHTML / CSS Valid.