Canada Moves To Block Air Canada-United Joint Venture

Law360, New York (June 27, 2011, 7:48 PM EDT) -- Canada's competition regulator said Monday that it will try to block Air Canada and United Continental Holdings Inc.'s plan to combine their cross-border operations in a joint venture, citing concerns over possible monopoly pricing.

Breaking with its U.S. counterpart, which already gave the joint venture antitrust immunity, Canada's Competition Bureau said it has concerns that many of the 19 routes affected by the deal will end up under the control of an Air Canada-United monopoly.

"The proposed joint venture would allow Air Canada and United Continental to operate...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.