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DOJ, NY AG settle with New York City tour bus joint venture

( March 17, 2015, 00:40 GMT | Official Statement) -- MLex Summary: The US Department of Justice and the New York State Attorney General have announced that they have reached a settlement with Coach USA, City Sights and their joint venture, Twin America, to remedy competitive concerns in the New York City hop-on, hop-off bus tour market. Under the settlement, the companies must relinquish City Sights' Manhattan bus stop operations and disgorge $7.5 million in profits.Statement follows in full....

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