The Federal Trade Commission is investigating the possibility that certain auto dealers conspired against TrueCar in 2010 and 2011. The collusion was allegedly an agreement not to do business with TrueCar. The FTC has sent letters out to dealers about the investigation.

TrueCar CEO Scott Painter has denied that TrueCar played any part in initiating the investigation.

“I want to make this clear: We didn’t ask for it (the investigation), and we knew nothing about it,” Painter told Automotive News.

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