Sabre Corp.'s acquisition of airline booking provider Farelogix Inc. must be blocked because it will harm both major airlines and U.S. travelers, the Justice Department said in closing arguments of a seven-day antitrust trial over the $360 million merger.
Airline executive testimony, internal corporate memos, and other documents show that Farelogix was a disruptive rival to Sabre, a dominant player in the airline booking industry, forcing it to lower fees in order to compete, DOJ trial attorney Julie Elmer told a Delaware federal court Thursday.
Such competition has led to lower prices for airlines and consumers, and should be allowed ...