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128377 1 (1985-11-07)

handle is hein.gao/gaobactom0001 and id is 1 raw text is: 




              UNITED STATES GENERAL ACCOUNTING OFFICE
                      WASHINGTON, D.C.  20548

                                           FOR RELEASE ON DELIVERY
                                           EXPECTED AT  10:00 A.M.
   128377                                  NOVEMBER  7, 1985
                           STATEMENT OF

               HERBERT R. MCLURE, ASSOCIATE DIRECTOR

      RESOURCES, COMMUNITY, AND ECONOMIC DEVELOPMENT DIVISION

                  U.S. GENERAL ACCOUNTING OFFICE

                            BEFORE THE

              SUBCOMMITTEE ON SURFACE TRANSPORTATION

           COMMITTEE ON PUBLIC WORKS AND TRANSPORTATION

              UNITED STATES HOUSE OF REPRESENTATIVES

                                ON

            PREDATORY PRICING AND ANTITRUST ENFORCEMENT

                     IN THE TRUCKING INDUSTRY



Mr. Chairman and Members of the Subcommittee:

     I am pleased to be here to discuss the Committee's concerns

about predatory pricing and antitrust enforcement in the trucking

industry.  In 1980, the Congress adopted a new, more pro-competi-

tive approach to regulation of the trucking industry.  Some car-

riers were concerned at the time that the act was being considered

that large carriers would use their new pricing freedom to set

prices below cost so as to drive smaller trucking companies out of

business. (Despite the fact that such predatory pricing was clear-

ly prohibited by the new Motor Carrier Act, carriers continued to

raise concerns about predatory pricing'  The ICC investigated the

issue twice, and the Motor Carrier Ratemaking Study Commission,


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