The Traderszone Network

Published in TZ Latest News 1 July, 2015 by The TZ Newswire Staff

U.S. probing whether airlines collude to keep airfares high

WASHINGTON/NEW YORK (Reuters) – The U.S. Department of Justice said on Wednesday it is investigating whether U.S. airlines worked together illegally to keep airfares high by signaling plans to limit flights. The Justice Department wrote to major U.S. air carriers demanding that they detail decisions to limit the number of seats they offer, and what they’ve said about those plans to investors, securities analysts and the public. The top four U.S.

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