WASHINGTON, April 20 -- Sen. Elizabeth Warren issued the following press release:
U.S. Senators Elizabeth Warren (D-Mass.) and Mike Lee (R-Utah), Chairman of the Subcommittee on Antitrust, Competition Policy, and Consumer Rights, pressed the CEOs of United Airlines and American Airlines on recent reports indicating that United CEO Scott Kirby has discussed a potential merger between these airlines. A United-American merger would create the largest airline in the world, exacerbating bipartisan concerns that consolidation of the airline industry could potentially harm consumers.
"A United-American merger could lead to increased prices for consumers, at a time when airlines are already squeezing flyers through higher fares and fees," wrote t...