The Biden administration is lookingfor details about the state of competitors in air travel
ByThe Associated Press
October 24, 2024, 3: 34 PM
WASHINGTON — The Biden administration stated Thursday it is introducing a broad public query on the state of competitors in air travel, consistingof the result of mergers and joint endeavors inbetween airlinecompanies.
The questions is being dealtwith by the Justice Department’s antitrust department and the Transportation Department.
The administration has effectively obstructed 3 airlinecompany offers in the past 4 years, and President Joe Biden hasactually slammed airlinecompanies for charging “junk costs.”
However, the timing of Thursday’s statement — less than 3 months before Biden leaves workplace, and with the race to prosper him thoughtabout a toss-up — casts unpredictability over the fate of the evaluation.
“Unfortunately, the timing of this ‘broad query’, which was revealed 12 days before a nationwide election, recommends political inspirations,” trade group Airlines for America stated in a declaration.
Four airlinecompanies control the U.S. airlinecompany market — United, Delta, American and Southwest. They are the item of mergers that