Feds OK Delta-Northwest Deal

Merger would create world's largest airline
By Ambreen Ali,  Newser Staff
Posted Oct 29, 2008 2:49 PM CDT
Feds OK Delta-Northwest Deal
Delta employees have been protesting the merger out of concerns for their labor rights.   (AP Photo)

Delta’s $2.6 billion offer to buy Northwest Airlines has passed the scrutiny of federal antitrust regulators. Ensuing labor issues aside, official say the merger—which creates the world’s most patronized airline—would not "substantially lessen competition" and will benefit customers, Reuters reports.

“After a thorough, six-month investigation,” Justice said in a statement, “the Division has determined that the proposed merger between Delta and Northwest is likely to produce substantial and credible efficiencies that will benefit US consumers.”
(Read more Delta Air Lines stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.