Air Canada, United Make Deal So Joint Venture Can Proceed

Law360, New York (October 24, 2012, 4:31 PM EDT) -- To win antitrust approval for a venture that would effectively combine Air Canada's and United Continental Holdings Inc.'s operations between the U.S. and Canada, the airlines have agreed not to set prices jointly on 14 routes, Canada's antitrust watchdog said Wednesday.

More than a year after the Canadian Competition Bureau sued to block the joint venture, the carriers reached a settlement the agency said would protect competition on 14 high-demand routes between Canada and the U.S.

Under the terms of the deal, which requires court approval,...
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