13 August 2013

Airline merger

US Govt blocks American Airlines – US Airways merger citing it might lead to higher fares.
In a related news, US Govt also announced increase in income taxes to fund the department of merger blocking 🙂



Posted August 13, 2013 by Rajib Roy in category "Musings

5 COMMENTS :

  1. By Prabir Majumder (Post author) on

    Texas AG Greg Abott, who is running for next year’s gubernatorial elections to replace Rick Perry, often boasts that he has filed 27 lawsuits against Eric Holder over issues related to VRA, climate change, health care etc. This is the first time he went to court WITH Holder to block the merger. Strange bedfellows.

    Reply

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.