With both Continental and United Airlines ready to say “I do,” a group of peeved passengers has busted into the church prepared to give their reasons for why these two carriers should not be wed.
The complaint, filed yesterday in a federal court in San Francisco, says the combined United/Continental would constitute a monopoly that will ultimately result in increased fares, reduced number of flights, diminished services, the loss of tens of thousands of jobs.
“We believe in competition, not combination,” Says a lawyer representing the plaintiffs. “The trend in this particular industry is heading straight for monopoly.”
A Continental rep lol’d at the lawsuit:
We believe this suit has no merit, and we will vigorously defend what we strongly believe to be a transaction that is in the best interests of Continental, its shareholders and the flying public.
Likewise, the United mouthpiece said that, far from being a monopoly, the Continental/United Voltron would “benefit customers with the most comprehensive route network, connecting people across the world and the US, including 148 small communities.”
United, Continental Sued in Bid to Block Merger [BusinessWeek]