antitrust | KERA News

antitrust

The Department of Justice wants to preserve the competition between American Airlines and US Airways and is moving to block their proposed merger. Texas Attorney General Greg Abbott is also suing, along with the state of Florida, Pennsylvania, Virginia, Tennessee and the District of Columbia.

pbs.org

Critics of the proposed American Airlines/U.S.  Airways merger fear the deal will hurt competition and lead to higher fares. Airline representatives say those fears are unfounded. The two sides faced off during a U.S. House subcommittee meeting on Tuesday.