Oberstar opposes Continental-United merger

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Oberstar opposes Continental-United merger

Unread post by bimjim » Fri May 07, 2010


Oberstar opposes Continental-United merger
By: Michael Fabey
May 06, 2010

The new slogan for the proposed United-Continental merger is "Let’s Fly Together." But one lawmaker not getting aboard is U.S. Rep. James Oberstar (D-Minn.), chairman of the House Transportation and Infrastructure Committee.

Oberstar said on Thursday that he opposes the proposed merger, which would create the world’s biggest carrier. Oberstar is concerned that combining United and Continental could curtail competition and raise prices, the congressman’s staffers said.

The lawmaker had ardently opposed the Delta-Northwest deal and has vowed to put mergers — or any other airline business maneuvers that he feels could cut competition — under much scrutiny.

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