WASHINGTON -- A deal between DHL and United Parcel Service is the "most complex" transaction ever proposed in 30 years of aviation deregulation and might violate antitrust law, the chairman of the House Transportation Committee said yesterday.
"It's not a merger; it's not an acquisition," Rep. Jim Oberstar, D-Minn., acknowledged at a hearing on the economic impact of the proposed deal for UPS to provide air-transport services to package-delivery rival DHL.
Still, the agreement would let UPS influence DHL's pricing, and that could pose antitrust problems, Oberstar said.
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