BILL WOULD PLACE ONE-YEAR MORATORIUM ON AIRLINE MERGERS
Rep. Louise Slaughter, D-N.Y. and Rep. Peter A. DeFazio, D-Ore., will introduce legislation Tuesday that would place a one-year moratorium on airline mergers.
The new administration and the new Congress need more time to understand the possible effects of the mergers, Slaughter said.
The two lawmakers said they want to stem “the wave of airline mergers that threaten competition in the skies.”