WASHINGTON, Nov 14 (Reuters) - A group of nine
Republican state attorneys general on Friday raised competition
concerns about Union Pacific's ( UNP ) UNP.N> plan to buy smaller rival
Norfolk Southern ( NSC ) in an $85 billion deal to create the
first U.S. coast-to-coast freight rail operator.
The officials, led by Tennessee Attorney General Jonathan
Skrmetti and Kansas Attorney General Kris Kobach, in a letter to
the Surface Transportation Board, which was seen by Reuters,
said they were concerned the deal "will result in undue market
concentration that stifles competition and therefore creates
higher prices, lower reliability, and less innovation at the
expense of America's manufacturers and, ultimately, America's
consumers."