Dec 29, 2014

Federal government sues to block airline merger

DALLAS (AP) — American Airlines and US Airways expected to spend this week cruising toward completion of a merger that would create the world's biggest airline. Instead, they were stunned Tuesday when the federal government and six states sued to block the deal, saying it would hurt competition and cost consumers hundreds of millions of dollars a year in higher fares and extra fees. Antitrust...

Proceed to the page: