Southwest, AirTran Escape $1.4B Antitrust Suit

Law360, New York (November 30, 2011, 9:24 PM EST) -- A California federal judge on Wednesday tossed an antitrust suit seeking to break up the recently completed $1.4 billion merger between Southwest Airlines Co. and AirTran Holdings Inc., ruling the direct purchasers who lodged the suit weren't entitled to any injunctive relief.

In dismissing the suit with prejudice, U.S. District Judge James Ware said the plaintiffs hadn't demonstrated that available legal remedies such as monetary damages would be inadequate, and rejected their contention that the merger should be divested because the public interest "is always served...
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