JAL-JAS tieup would hurt competition: FTC
The Fair Trade Commission on Friday challenged the merger
plan of Japan Airlines Co. and Japan Air System Co., saying the
move would impede domestic flight competition and lead to higher
The FTC made the comments in an interim report on the proposal.
JAL and JAS, which announced their merger in November, immediately
released a joint statement saying they will submit a revised merger
plan to the commission.
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