Originally published on Mon February 25, 2013 4:34 am
The Obama administration is following through on its relatively newfound support of gay marriage. On Friday, the administration filed a legal brief with the Justice Department that urges the Supreme Court to strike down a key part of the Defense of Marriage Act.
The boards of American Airlines and US Airways just approved a merger of the two airlines. But the deal still has to win the approval of antitrust regulators at the Justice Department — regulators who last month sued to stop a merger between the beer giants Anheuser-Busch InBev and Grupo Modelo, which brews Corona.
The antitrust division has dozens of economists on staff. Their job, essentially, is to figure out whether a merger would reduce competition so much that a company could raise prices without losing business to competitors.