Lawsuits Against US Airlines Prompted By DOJ's Probe

In the wake of the investigation launched by the US Department of Justice last week, to detect any unlawful price collusion among the top four US airlines, several flyers have filed lawsuits against these airlines on similar charges. The plaintiffs have filed suits against American Airlines, United, Delta, and Southwest alleging violation of antitrust laws and artificial inflation of air fares by limiting capacity. Though the news of the DOJ probe and the following lawsuits has caused volatility...