1,000,000 + Attorneys and Legal Staff - Legal employers hire more people on LawCrossing than any other site.
Court Rules That Lawsuit Against JinkoSolar Can Proceed
Court Rules That Lawsuit Against JinkoSolar Can Proceed
Indiana Court of Appeals Vacates Workplace Threat
Indiana Court of Appeals Vacates Workplace Threat
Pregnancy Leads to Firing of Hobby Lobby Employee
Pregnancy Leads to Firing of Hobby Lobby Employee
Zillow Merges with Trulia for $3.5 Billion
Zillow Merges with Trulia for $3.5 Billion
Job Listings

American and US Airways Raise Fervor Over Anticipated Merger, are Sued

facebooktwittergoogle_plusredditpinterestlinkedinmail

American Airlines and US Airways are planning a colossal merger that would combine the two the largest air traffic carriers in the world. Some are nervous, and one agency, led by antitrust lawyer Joseph Alioto, is filing an antitrust suit. He has filed his suit in a San Francisco district court, representing 40 customers who are concerned the merger would reduce the number of airlines to four, including United, Delta, Southwest, and the swollen American, and cause fewer flights of lower quality.

The Department of Justice is also concerned, claiming that the airline would be too dominant in Reagan National Airport, near Washington D.C., and has suggested the airlines sell off some slots to avoid a monopoly there, something the airlines regard as non-negotiable.

Meanwhile, American Airlines spokesman Mike Trevino called the lawsuit “baseless” according to the Associated Press, and US Airways spokesmen Ed Steward explained away the suit as reactionary: “As is often the case with high-profile mergers, lawsuits containing baseless allegations such a these are filed and they are successfully defended.”

That at least was the case when Alioto sued Southwest Airlines Co over their acquisition of AirTran Airways, at which point Alioto had to pay $67,495  to cover the court costs.

What

 job title, keywords

Where

 city, state, zip



Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!


The merger is anticipated to close in the third quarter.

American and US Airways Raise Fervor Over Anticipated Merger, are Sued by
facebooktwittergoogle_plusredditpinterestlinkedinmail

Tagged: , , , , ,

Daniel June Posted by on July 3, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

 

 

Job of the Day
Family Law Paralegal
USA-AZ-Scottsdale

Qualified candidate MUST have: A minimum of 5 years Family Law paralegal experience Be self-motivated with the ability to independently manage cases Have excellent organizational a...