Monopolistic takeoff: US Airways and American Airlines get final merger approval
Image via Flyertalk Despite efforts from the American antitrust division –who filed a lawsuit to block the merger in August–, the U.S. Justice Department has approved the last hurdle of a merger that will form the largest airline in the world.1 The two companies have noted that customers are unlikely to see any noticeable short-term changes, but the monopolistic effects of the newly formed company could be substantial. For instance, the Justice Department’s antitrust division emphasized “that competition would decline […]