US sues to block JetBlue from buying Spirit Airlines

TL;DR

The Biden administration sued to block JetBlue Airways' $3. As signals grew stronger that the government would challenge the tie-up, JetBlue launched a pre-emptive campaign to make its argument that the deal would help consumers by creating a stronger competitor to the four larger carriers. But the American Economic Liberties Project, which opposes corporate consolidation, praised the Justice Department for seeking to block the deal, saying it would let JetBlue “gobble up a low-cost competitor” and boost prices

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