US sues to block US Airways-American Airlines merger | Bangkok Post: news

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US sues to block US Airways-American Airlines merger

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The US Justice Department and several states sued Tuesday to block the $11 billion merger between American Airlines and US Airways, saying it would reduce competition and push up fares. 

An American Airlines jet takes off behind US Airways jets at Ronald Reagan Washington National Airport on August 13, 2013 in Arlington, Virginia. The US Justice Department and several states sued Tuesday to block the $11 billion merger between American Airlines and US Airways, saying it would reduce competition and push up fares.

Justice officials said US Airways was pushing the merger specifically to reduce competition and boost returns.

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