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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.

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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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