American Airlines Group Inc (AAL): Airline 'Price-Fixing' up in the Air

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Ralph Canine

Re: KingDMC post# 31472

Friday, 02/05/2016 3:22:54 PM

Friday, February 05, 2016 3:22:54 PM

Airline 'Price-Fixing' up in the Air - Market Talk
59 minutes agoDow Jones Newswires
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American Airlines Group Inc
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Delta Air Lines Inc, Southwest Airlines Co, United Continental Holdings Inc
14:120 ET - December may have brought new evidence of continuing US airline fare wars in some markets, but allegations of price fixing still casting a shadow over the industry. A judge appointed lawyers from Hausfeld and Cotchett, Pitre & McCarthy as co-lead counsels corralling more than 100 class actions alleging American (AAL), Delta (DAL), United (UAL) and Southwest (LUV) conspired to fix fares by coordinating capacity. The Justice Department launched a civil probe into the matter last spring. (doug.cameron@wsj.com; @dougcameron)

(END) Dow Jones Newswires
February 05, 201614:20 ET (19:20 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.

GREAT! DOJ just won't drop it!