Join The Discussion

 

Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

read more >

Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

read more >

Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

read more >

Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

read more >

Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

read more >

 

Airlines want to know why US OK'd previous mergers

 

Photo courtesy of CNN

DAVID KOENIG, AP Airlines Writer


FORT WORTH, Texas (AP) — American Airlines and US Airways want to know why the federal government allowed previous airline mergers but seeks to block theirs.

The airlines say they will ask a judge to order the U.S. Department of Justice to turn over documents about four previous mergers between 2005 and 2011.

They made the request in a filing Friday with the U.S. district court in Washington. A trial is scheduled to begin Nov. 25 on the government's lawsuit against the merger, which would create the world's largest airline.

The Justice Department says the merger will limit competition and raise prices. The airlines maintain there will be plenty of competition.

The carriers want to know why regulators approved four deals — Delta and Northwest, United and Continental, Southwest and AirTran and US Airways and America West — but now argue that the American-US Airways merger would hurt consumers.

They argue that all the deals are similar and that the Justice Department has made an "abrupt and unexplained reversal" in how it views airline mergers.

The Justice Department did not immediately respond to a request for comment.

The airlines' lawyers said the Justice Department claims that documents about the previous mergers aren't relevant and that the government can keep such deliberations confidential.

They argued that the documents would help the airlines prove that the merger would boost competition when viewed through the same economic models and analyses that the government used to approve the earlier deals.

The Justice Department has argued that the previous mergers didn't produce the benefits that it expected, such as more competition and improved service, and that the American-US Airways combination would make things even worse.

American, which is owned by AMR Corp., and US Airways Group Inc. argue that together they would form a strong and roughly equal rival to United and Delta, the world's two biggest airlines.
 

< back

Email   email
hide
Catch
How 'bout them Cowboys?