Bloomberg
A lawyer for American Airlines Group Inc urged a jury to award the carrier almost
$300 million in overcharges and lost profits, arguing that Sabre Holdings Corp illegally dominated the market for booking airline tickets.
“There’s one company in this travel business that doesn’t compete,†Paul Yetter told the jurors at the end of a three-week federal trial in Manhattan. “And it’s Sabre.â€
Yetter told the panel that Sabre protected its monopoly position by locking up travel agents, tying up the airlines and killing off new competition. American claims it is owed $299.3 million on behalf of US Airways Group Inc, with which it merged in 2013.
If it succeeds, it could collect almost $900 million under US antitrust laws, which provide for triple
damages.