Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Fire truck shortage [View all]
LA County is doing something about it. Private Equity firms have bought up and consolidated manufacturers of fire trucks for this country. We now have only three. This means it is now a 5 year wait for new ones and much higher costs. Small communities rely on used trucks but those are also priced higher and harder to find. Fire trucks are paid for by taxpayers!
The PE firms advertise to investors the shortage and increased costs for the taxpayers is increasing their income.
https://counsel.lacounty.gov/la-county-brings-antitrust-suit-against-fire-truck-companies-to-recover-overcharges-and-unwind-anticompetitive-mergers/
7 replies
= new reply since forum marked as read
= new reply since forum marked as read