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Lawyers from the U.S. Justice Department have spent weeks arguing that an alliance between American Airlines Group, Inc (NASDAQ: AAL) and JetBlue Airways Corp (NASDAQ: JBLU) would cost consumers $700 million.
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The government alleged that a partnership between American and JetBlue, known as the Northeast Alliance, would offer them outsized control over airport gates and flight slots in the region.
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A government economist Nathan Miller said the government’s estimate of consumer harm included…