Justice Department Probes US Airlines For Possible Collusion

By Andy Giersher

(CBS) -- A government probe into whether U.S. air carriers conspired to control industry growth as part of an effort to keep higher ticket prices weighed on shares of major U.S. airlines Wednesday.

News of the Justice Departments' investigation immediately pressured airline stocks, pushing the S&P 500 airlines index down over two percent for the session.

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