The lawsuit, which was filed in the U.S. District Court for the District of Massachusetts, seeks to stop the merger because it would"eliminate the unique competition that Spirit provides.""We allege that JetBlue's proposed takeover of Spirit will only exacerbate concentration and further stifle competition in the airline industry.
"In short, if not blocked, the merger of JetBlue and Spirit would result in higher fares and fewer choices for tens of millions of travelers across the country. The Justice Department is suing to prevent that from happening," Garland said. “Customers deserve a competitive airline marketplace, and we will pursue this merger to ensure they get it, continuing to disrupt the legacy airlines with low fares and award-winning service that even the DOJ has applauded. We believe the DOJ has got it wrong on the law here and misses the point that this merger will create a national low-fare, high-quality competitor to the Big Four carriers, which, thanks to their own DOJ-approved mergers, control about 80% of the U.S. market.
Check their stock portfolios
So, we want to merge the two worst airlines in the world into the single worst airline in the world.... Sounds like a win, win.....
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