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Justice Department to Block US Airways Merger

Stock Researching
Publish date: Thu, 15 Aug 2013, 08:30 AM
Stock Researching
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From Liston Street Pulse:

The proposed $11 billion merger deal between American Airlines and US Airways (LCC) will harm the competitive landscape of the U.S. airline industry, said the U.S. Justice Department. The Justice Department argued that just four airlines (if this deal materializes) will control more than 80% of the U.S. commercial air travel industry. The lawsuit comes […]

The post Justice Department to Block US Airways Merger appeared first on Liston Street Pulse.

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