Feds OK Delta-Northwest Deal

Delta’s $2.6 billion offer to buy Northwest Airlines has passed the scrutiny of federal antitrust regulators. Ensuing labor issues aside, official say the merger—which creates the world’s most patronized airline—would not "substantially lessen competition" and will benefit customers, Reuters reports.

“After a thorough, six-month investigation,” Justice said in a statement, “the Division has determined that the proposed merger between Delta and Northwest is likely to produce substantial and credible efficiencies that will benefit US consumers.”
(More Delta Air Lines stories.)