ACN Business

JetBlue merger with Spirit not cleared for takeoff – why Justice Department is suing to scupper deal

Written by Joe Mazur, Assistant Professor of Economics, Purdue University

Stuck on the runway?AP Photo/Wilfredo Lee

The U.S. Department of Justice has intervened to block a proposed deal that would see carrier JetBlue buy budget service Spirit Airlines.

In a lawsuit filed on March 7, 2023, the department warned that allowing the US$3.8 billion deal to go through would “eliminate the unique competition” that...

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