Directing the Federal Trade Commission to investigate and report on anticompetitive practices and violations of the antitrust laws in the fire truck manufacturing industry.

This joint resolution mandates the Federal Trade Commission (FTC) to conduct a comprehensive investigation into anticompetitive practices and violations of antitrust laws within the fire truck manufacturing industry. The investigation is specifically directed to examine issues such as price fixing , price gouging, serial acquisitions, and monopolization. The FTC must submit a detailed report of its findings, including the effects of these practices on fire departments and recommendations for legislative or other remedial actions, to the House and Senate Judiciary Committees within one year. The resolution is prompted by credible allegations of antitrust violations, significant industry consolidation where three companies control 70-80% of the market, and substantial price increases for fire trucks that far outpace inflation. For instance, pumper truck prices have doubled from $500,000 to nearly $1,000,000, and delivery lead times have surged from 1-2 years to 4.5 years, severely impacting fire departments' ability to replace aging equipment and jeopardizing public safety. Furthermore, the resolution stipulates that if a respondent fails to provide timely information, the FTC must report this non-compliance to the committees.