DOJ opposes antitrust immunity for Continental

By DAVID KOENIG, AP Airlines WriterAssociated Press Financial Wire The Justice Department opposes Continental Airlines Inc.'s broad request for antitrust immunity to work more closely with United Airlines and other carriers in setting prices and schedules for international service. The department says the airlines should get more limited immunity. It argues that broader immunity could hurt competition on other routes between the U.S. and China and raise fares within the United States. Continental, the nation's fourth-largest airline, wants antitrust immunity to cooperate with United and other Star Alliance airlines, including US Airways, Lufthansa and Air Canada. The Justice Department noted that Continental and United also plan to sell seats on each other's U.S. flights, combine customer lounges, consolidate operations at... [read full story]                    

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