Ruling marks victory for Biden government and its effort to preserve lower cost airline tickets for American consumers A federal judge has blocked JetBlue Airways' $3.8bn takeover of the budget carrier Spirit Airlines, agreeing with the US Department of Justice that the deal would knock competition and limit the availability of low-priced tickets. William Young, a US district judge in Boston, concluded that passengers who rely on Spirit's cheaper fares "would likely be harmed" by the acquisition...
Ruling marks victory for Biden government and its effort to preserve lower cost airline tickets for American consumers A federal judge has blocked JetBlue Airways' $3.8bn takeover of the budget carrier Spirit Airlines, agreeing with the US Department of Justice that the deal would knock competition and limit the availability of low-priced tickets. William Young, a US district judge in Boston, concluded that passengers who rely on Spirit's cheaper fares "would likely be harmed" by the acquisition...
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