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American To Pay $45M To Exit Airline Antitrust MDL

By Dave Simpson (June 15, 2018, 8:13 PM EDT) -- American Airlines Inc. has agreed to pay $45 million to exit multidistrict litigation accusing the country's largest commercial airlines of violating the Sherman Act by colluding to limit the number of seats available on domestic flights and jacking up ticket prices, according to a request for preliminary approval of the settlement filed in D.C. federal court Friday....

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