Justice Department Sues to Block JetBlue-Spirit Merger

Officials are concerned that the merger would decrease competition in an industry that is already highly consolidated.

The Department of Justice (DOJ) has filed a lawsuit to block a merger between JetBlue Airways and Spirit Airlines in the latest antitrust move from the Biden administration. DOJ officials are challenging the $3.8 billion deal on the grounds that it would further reduce competition and potentially cause a jump in air fares in a time of already heavy consolidation and soaring flight prices.

Source

This post was originally published on Latest – Truthout.


Print Share Comment Cite Upload Translate Updates
APA
Sharon Zhang | radiofree.asia (2024-05-20T02:25:36+00:00) » Justice Department Sues to Block JetBlue-Spirit Merger. Retrieved from https://radiofree.asia/2023/03/07/justice-department-sues-to-block-jetblue-spirit-merger/.
MLA
" » Justice Department Sues to Block JetBlue-Spirit Merger." Sharon Zhang | radiofree.asia - Tuesday March 7, 2023, https://radiofree.asia/2023/03/07/justice-department-sues-to-block-jetblue-spirit-merger/
HARVARD
Sharon Zhang | radiofree.asia Tuesday March 7, 2023 » Justice Department Sues to Block JetBlue-Spirit Merger., viewed 2024-05-20T02:25:36+00:00,<https://radiofree.asia/2023/03/07/justice-department-sues-to-block-jetblue-spirit-merger/>
VANCOUVER
Sharon Zhang | radiofree.asia - » Justice Department Sues to Block JetBlue-Spirit Merger. [Internet]. [Accessed 2024-05-20T02:25:36+00:00]. Available from: https://radiofree.asia/2023/03/07/justice-department-sues-to-block-jetblue-spirit-merger/
CHICAGO
" » Justice Department Sues to Block JetBlue-Spirit Merger." Sharon Zhang | radiofree.asia - Accessed 2024-05-20T02:25:36+00:00. https://radiofree.asia/2023/03/07/justice-department-sues-to-block-jetblue-spirit-merger/
IEEE
" » Justice Department Sues to Block JetBlue-Spirit Merger." Sharon Zhang | radiofree.asia [Online]. Available: https://radiofree.asia/2023/03/07/justice-department-sues-to-block-jetblue-spirit-merger/. [Accessed: 2024-05-20T02:25:36+00:00]
rf:citation
» Justice Department Sues to Block JetBlue-Spirit Merger | Sharon Zhang | radiofree.asia | https://radiofree.asia/2023/03/07/justice-department-sues-to-block-jetblue-spirit-merger/ | 2024-05-20T02:25:36+00:00
To access this feature and upload your own media, you must Login or create an account.

Add an image

Choose a Language



A Free News Initiative

Investigative Journalism for People, Not Profits.