5. In 1992 American Airlines offered a 50-percent-off sale and cut fares. In 1993 Continental Airlines and

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5. In 1992 American Airlines offered a 50-percent-off sale and cut fares. In 1993 Continental Airlines and Northwest Airlines sued American Airlines over this action.

a. What was the likely basis of the suit?

b. How does the knowledge that Continental and Northwest were in serious financial trouble play a role in the suit?

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Microeconomics

ISBN: 9780077501808

9th Edition

Authors: David Colander

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