US Airways Hits Sabre With Antitrust Suit

Law360, New York (April 21, 2011, 6:09 PM EDT) -- US Airways Group Inc. said Thursday it had filed an antitrust lawsuit in New York federal court against Sabre Holdings Corp. in a bid to stop the ticket distribution services company’s allegedly anti-competitive and anti-consumer practices.

The air carrier claims Sabre, a distributor of airline fares and content to travel agents, has schemed to shut out competition, protect its monopoly pricing power and maintain what US Airways called a “technologically obsolete” business model.

The case is the latest fracas between ticket distribution services and air carriers,...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.