The U.S. Justice Department, currently analyzing the proposed American Airlines-US Airways merger for antitrust concerns, should be wary of relying on the market presence of Southwest Airlines to hold down post-merger fares, the Government Accountability Office (GAO) cautions. The GAO’s warning relies on a study published in the May issue of the Transportation Research Board’s journal, and was delivered to Congress by the GAO in June 19 testimony to the Senate’s aviation subcommittee on ...
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