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What will be the outcome of FTC's discrimination case against Asbury Automotive by end of 2024?
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Resolution / Starting Odds
Settlement • 25%
Fine • 25%
Dismissed • 25%
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Official FTC announcements or court rulings
Story
FTC Accuses Asbury Automotive of Discrimination Against Black and Latino Consumers
Aug 16, 2024, 10:50 PM
The U.S. Federal Trade Commission (FTC) has accused Asbury Automotive of discriminatory practices against Black and Latino consumers. The allegations include payment packing, finance and insurance (F&I) product deception, and discriminatory pricing. In response, Asbury Automotive has denied the allegations, with CEO David Hult stating that the company will not allow the FTC to impose fines or requirements that could negatively impact the car-buying experience for their customers.
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Citigroup found liable • 25%
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