| Feds Investigating Airlines for Possible Price Fixing Pete Williams and Tom Costello - NBC News | |
| go to original July 2, 2015 |
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The US Justice Department is investigating possible collusion among major airlines to limit available seats that keeps airfares high.
Officials familiar with the antitrust investigation say the question is whether the major airlines are illegally coordinating with one another to limit capacity, which would have the effect of keeping fares up, to the detriment of passengers. The civil antitrust investigation by the Justice Department appears to focus on whether airlines illegally signaled to one another how quickly they would add new flights and routes and extra seats.
The investigation became public after the Justice Department began sending what are known as "civil investigative demands" Tuesday to the airlines, which are like subpoenas. The Justice Department wants to know whether airline officials are coordinating their efforts, communicating with one another through public statements or private statement to market analysts.
Read the rest at NBC News
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