US antitrust officials probe airlines for price fixing
Wall Street signalling that carriers have done too little to curb seat supply amid fall in airfares
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Dallas
AMID a drop in airfares and a surge in seating, US antitrust officials surprised airline investors with an investigation into whether carriers are colluding to maintain pricing power.
The Justice Department seeks airline documents that would reveal the "need for, or the desirability of, capacity reductions or growth limitations by the company or any other airline", according to the government's request for the information.
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