Investing.com -- Britain’s competition watchdog announced on Friday that five airlines, including British Airways and American Airlines (NASDAQ: AAL ), have put forth commitments to address its concerns about their agreement to work together on passenger routes between the UK and the US.
The regulator had raised concerns over the airlines’ collaboration on these routes, which could potentially lead to reduced competition and higher prices for consumers.
In response, the airlines have now offered commitments to resolve these issues, although the specifics of these commitments were not detailed in the announcement.
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