9/26/2013

Despite a lawsuit from the Department of Justice to block the US Airways/American Airlines merger, this story discusses why the DOJ may have a hard time in doing so. Recent mergers have proved successful, so stopping this one will put the DOJ in the hot seat. "But based on the industry's pattern of consolidation, its profit margins and airfare trends, we think the government will have difficulty finding the evidence it needs to support its case," write Tucker Warren, Kate Bernard and Patrick Sims.

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