FOR IMMEDIATE RELEASE AT
TUESDAY, SEPTEMBER 27, 1994 (202) 616-2771
TDD (202) 514-1888
ATLANTA TRUCK DEALER INDICTED FOR BID-RIGGING
OF USED TRUCKS SOLD AT GOVERNMENT AUCTIONS
WASHINGTON, D.C. -- A federal grand jury in Atlanta indicted
an Atlanta truck dealer today for participating in a conspiracy
to rig bids for the purchase of used trucks sold at government
auctions held in Georgia, the Department of Justice's Antitrust
Division said.
The indictment against Clarence E. "Bud" Neville is the
fourth criminal case filed in Atlanta as a result of the
Antitrust Division's continuing investigation into collusive
practices by used truck dealers at public auctions.
The indictment charged that the conspiracy began in June
1986 and continued through November 1989, with Neville joining
the conspiracy in June 1989. Neville operated Atlanta Truck
Parts in Atlanta, which sold new and used trucks and truck parts.
According to the indictment, Neville and the co-conspirators
refrained from bidding against each other for the purchase of
used trucks sold at auctions held on behalf of the following
governments on the following dates:
* DeKalb County on June 14, 1986.
* City of Columbus on November 22, 1986.
* City of Atlanta on December 13, 1986.
* City of Atlanta on June 25, 1988.
* City of Atlanta on June 24, 1989.
* DeKalb County on October 14, 1989.
Anne K. Bingaman, Assistant Attorney General in charge of
the Antitrust Division, said the criminal charges arose in
connection with a grand jury investigation in Atlanta into
collusive practices by used truck dealers at public auctions.
Bingaman said the investigation is being conducted by the
Division's Atlanta Field Office with the assistance of the
Federal Bureau of Investigation.
The maximum penalty for an individual convicted of violating
Section One of the Sherman Act is a period of incarceration of
three years and the greatest of a fine of $250,000, twice the
gross pecuniary gain derived from the crime, or twice the gross
pecuniary loss caused to the victims of the crime.
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94-557