AA, US Air Say $11B Merger Would Help Competition

Law360, New York (February 26, 2013, 7:15 PM EST) -- Executives from American Airlines Inc. and US Airways Group Inc. told lawmakers Tuesday that their $11 billion merger would help them compete in the increasingly consolidated industry, but Democratic legislators and antitrust experts worried that the deal would boost prices and squelch competition.

Even though the deal will turn the new American Airlines into the country's largest air carrier, the deal will only serve to make the industry more competitive in the wake of recent airline mergers between Delta Airlines Inc. and Northwest Airlines Corp., and...
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