August 14: Federal government sues to block airline merger (Richmond Times-Dispatch)
August 14, 2013
American Airlines and US Airways expected to spend this week cruising toward completion of their huge merger, a deal that was worth $14 billion on paper and would create the world’s biggest airline.
Instead, they were stunned Tuesday when the federal government and six states, including Virginia, sued to block the deal, saying it would hurt competition and cost consumers hundreds of millions of dollars a year in higher fares and extra fees...