The US Department of Justice has cleared the way for Atlanta's Delta Airlines and Minneapolis-based Northwest Airlines to merge. The Department's anti-trust division spent the last six months trying to determine if the merger would give the new airline an unfair advantage in the industry. The new airline will keep the Delta name and its Atlanta headquarters. In a statement, the division said the merger is likely to produce "substantial and credible efficiencies" that will benefit consumers nationwide and is "not likely to substantially lessen competition."
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Wednesday, October 29, 2008
Delta-Northwest merger gets DOJ nod
Posted by
Valarie Edwards
at
10/29/2008 04:54:00 PM
Labels: Atlanta Georgia, Delta Air Lines, Delta-Northwest merger, Ed Bastian, Northwest Airlines, U.S. Department of Justice, Valarie Edwards