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 is required to submit a detailed report to the Judiciary Committees of both the Senate and the House of Representatives within one year of the resolution's adoption, outlining its findings and proposing appropriate legislative or remedial actions. The directive stems from credible allegations of market consolidation, where three companies now control 70 to 80 percent of the market, often through private equity acquisitions. This consolidation has allegedly led to significant price increases, with pumper trucks nearly doubling in price and ladder trucks more than doubling, far outpacing inflation. Consequently, fire departments face challenges in replacing aging equipment, leading to extended delivery times of up to 4.5 years and potential threats to public and firefighter safety. The resolution also requires the FTC to report any non-compliance from respondents during its information gathering process.