Why Is the DOJ Is Blocking JetBlue-Spirit Airlines Merger?

Name: Why Is the DOJ Is Blocking JetBlue-Spirit Airlines Merger?
Uploaded: 2023-03-14T21:06:44+00:00
Duration: 1 min 32 s
Channel: Bullish Studio
Description: JetBlue is reportedly acquiring Spirit Airlines for $3.8 billion. However, the DOJ is trying to block this merger from happening. Why? They're saying the merged airline will hurt budget-conscious consumers who rely on Spirit's low fares.

Bullish Studio

3 years ago

JetBlue is reportedly acquiring Spirit Airlines for $3.8 billion. However, the DOJ is trying to block this merger from happening. Why? They're saying the merged airline will hurt budget-conscious consumers who rely on Spirit's low fares.