American Airlines to Pay $45 Million to Settle Consumer Antitrust Suit Alleging Price-Fixing

By Anna Breuer on 15 June 2018
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DSC_0514 (1)American Airlines Group agreed Friday to pay $45 million to settle a consumer anti-trust lawsuit that accused it and three other U.S. airlines of colluding to cut capacity to drive up ticket prices.

The lawsuit is seeking damages for individuals who have purchased airline tickets at artificially high prices due to the airlines’ alleged agreement to restrict capacity.

The case was consolidated by the U.S. Judicial Panel on Multidistrict Litigation in 2015 from 23 individual lawsuits.

The Fort Worth-based carrier is the second to settle with the plaintiff; Southwest settled in January. The litigation continues against United-Continental Holdings and Delta Air Lines.

Both airlines said they settled to avoid the cost of prolonged litigation.

As part of the settlement, American will produce business records and make as many as three current or former employees available to answer questions under oathabout its documents and transactional data. The settlement must be approved by U.S. District Judge Colleen Kollar-Kotelly, who is presiding over the case.A final approval is still pending for the Southwest accord.

(Photo: Accura Media Group)

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