SQUAWK/NEWS
Account
Theme
Account
Menu
Live News REGULATION FLASH M impact

Canada Watchdog Warns Air Canada-United Deal Could Raise Airfares

Canada's competition watchdog warned that the proposed Air Canada-United deal could raise airfares.

UAL

Story updates

04:10:52 PM UTC
SquawkNews
By Allison Lampert and Rajesh Kumar SinghCanada's Competition Bureau warned on Wednesday that a proposal by Air Canada TSX:AC and United Airlines NASDAQ:UAL would likely weaken competition on 10 routes between Canada and the United States and drive up ticket prices on eight of them, costing passeng…