Tuesday, August 13, 2013

Reuters: Regulatory News: U.S. sues to block AMR-US Airways merger

Reuters: Regulatory News
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U.S. sues to block AMR-US Airways merger
Aug 13th 2013, 14:47

WASHINGTON | Tue Aug 13, 2013 10:47am EDT

WASHINGTON Aug 13 (Reuters) - The U.S. Justice Department sued on Tuesday to block the merger of AMR Corp and US Airways Group Inc, a deal that would create the world's largest airline.

In a lawsuit filed in U.S. District Court for the District of Columbia, the government said the merger would hurt consumers by leading to higher fares and fees.

The Justice Department said it was joined in its suit by several states, among them Arizona and Texas.

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