US judge blocks JetBlue from acquiring Spirit Airlines
- A federal judge has sided with the Biden administration and blocked JetBlue Airways from purchasing Spirit Airlines, stating that the $3.8 billion deal would decrease competition.
- The Justice Department sued to halt the merger, arguing that it would lead to higher fares by eliminating Spirit, the largest low-cost airline in the US.
- JetBlue and Spirit have expressed disagreement with the ruling and are contemplating whether to appeal.
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Leaning Left41Leaning Right15Center79Last UpdatedBias Distribution59% Center