Originally Posted by
erjpilot
How are AMR and LCC supposed to prove in court that they need a merger when they are both making record profits? It seems like after each record breaking quarterly earnings the merger chances diminish a little more...
Because it's not about having to prove they NEED this merger.
Doj can only say it's anti-competitive, THAT IS ALL. The courts job isn't to decide if this makes financial sense or not, that is up to the airlines and wall street and they have decided it does. The courts job is to decide if this merger is anti-competitive and it's up to the doj to prove that it is.
The profit of us and aa have absolutely no baring on if this is anti-competitive or not.