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Turism&Travel : Oberstar vows regulation push if Continental-United merger goes through
Thursday 17 June 2010WASHINGTON - The U.
Rep. James Oberstar (D., Minn.), a longtime critic of airline-industry consolidation, made the comments at the close of an hours-long hearing on the merger. Oberstar said he would do everything in his power to persuade the U.S. Justice Department to reject the merger plans, and if he didn't succeed, he would introduce a bill to tighten industry regulation, reversing steps the government took in the 1970s to deregulate airlines. The Justice Department is reviewing the planned merger. Source: DOW JONES NEWSWIRESAutor: eTurboNews |
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