California, three other states join U.S. bid to stop JetBlue-Spirit merger

  • 📰 Reuters
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

California and three other states on Friday joined the U.S. Justice Department lawsuit aimed at preventing JetBlue Airways from buying rival discount carrier Spirit Airlines for $3.8 billion.

"We look forward to litigating this important case alongside our state law enforcement partners to stop JetBlue from eliminating its rival, Spirit," Principal Deputy Assistant Attorney General Doha Mekki said in a statement.

the deal in a Reuters interview this month, saying it would save consumers money and boost available seats.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

California, three other states join U.S. bid to stop JetBlue-Spirit mergerThis will probably lose. Combined they would still only be the fifth largest airline. How does this reduce competition? I must be missing something.
Source: CNBC - 🏆 12. / 72 Read more »

Four more state AGs join lawsuit against JetBlue-Spirit mergerThe attorneys general of California, Maryland, New Jersey and North Carolina on Friday joined an antitrust lawsuit to block JetBlue’s proposed $3.8 billion... This is an important development in the fight against the JetBlue-Spirit merger.
Source: MarketWatch - 🏆 3. / 97 Read more »