Justice Department wins lawsuit to end JetBlue and American Airlines alliance | CNN Business

Österreich Nachrichten Nachrichten

Justice Department wins lawsuit to end JetBlue and American Airlines alliance | CNN Business
Österreich Neuesten Nachrichten,Österreich Schlagzeilen

The Justice Department wins its antitrust lawsuit that sought to end an alliance between JetBlue and American Airlines

  • 📰 cnnbrk
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 55%

US District Judge Leo Sorokin ruled in favor of the the Justice Department, giving the Biden administration a victory in its years-long lawsuit against the airlines’ collaboration. The Justice Department filed the lawsuit in 2021, alleging the two companies raised prices and reduced choice for air passengers traveling to and from major cities in the Northeast, such as New York City and Boston.

” It effectively removed an entire competitor from these markets, according to Sorokin, leaving customers with fewer options for traveling between hubs like New York’s LaGuardia and Boston’s Logan airports. Sorokin said their pact is the “unreasonable restraint on trade” that violates the Sherman Act, the landmark antitrust law.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

cnnbrk /  🏆 393. in AT
 

Österreich Neuesten Nachrichten, Österreich Schlagzeilen



Render Time: 2025-01-13 00:06:44