Antitrust Law

Airline merger deal OK'd by Justice Department

The U.S. Justice Department has approved a settlement that would allow the merger of American Airlines and U.S. Airways.

The deal calls for the two airlines to sell 104 takeoff and landing slots at Ronald Reagan National Airport in Washington, and 34 slots at La Guardia Airport in New York, report the New York Times DealBook blog and the National Law Journal. Lower-cost airlines would buy the slots. American and U.S. Airways would also sell the rights to two airport gates at five different airports.

The U.S. Justice Department sued to block the proposed merger in August. Trial was scheduled to begin in two weeks. A federal judge must still approve the settlement.

Mom accused of hiring strippers for son's birthday will take plea deal, her lawyer says

Justices mull proof required under law that increases drug-dealer sentence for overdose death

We welcome your comments, but please adhere to our comment policy. Flag comment for moderator.

Commenting is not available in this channel entry.