Justice Department sues to block merger of airline IT firms

ABC News | 8/20/2019 | Staff
Fubu_chik (Posted by) Level 3
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The Justice Department is suing to block Sabre Corp. from buying Farelogix, a rival provider of technology services to airlines.

In a civil lawsuit filed Tuesday, the government says Sabre pursued the $360 million deal to eliminate a competitor that has disrupted the market with more modern technology.

Department - Sabre - Prices - Innovation

The department says if Sabre succeeds, it will lead to higher prices and less innovation for...
(Excerpt) Read more at: ABC News
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