United and Delta's Slot Exchange To Hamper Competition In Newark

Earlier this year, the Chicago-based airline's Chief Executive Officer had to step down due a federal investigation charging him of trading favors with the officials of the Port Authority of New York and New Jersey. Now, the airline's plans of acquiring takeoff and landing slots at the Newark Liberty International Airport from Delta Air Lines in exchange for slots at the John F. Kennedy Airport, have been put under the scanner. The US Department of Justice's antitrust division has sued both Unit...