"Workers and passengers will be harmed, just as they have been in many past airline consolidations, as the new airline follows the business practices, pricing strategies, and labor cost-cutting practices previous combined carriers have undergone," Samuelsen added.
;“Let us be clear- This hostile takeover is not good for the TWU;’s IFCs @JetBlue or our Guest Service Agents @SpiritAirlines , or the flying public, period. Our job is to defend TWU members and @transportworker is working hard to ensure that this acquisition is dead on arrival .;”Some opponents of the airline megadeal noted that the U.S. Department of Transportation has the power to do more to block anti-competitive mergers and acquisitions.
As the Economic Liberties Project noted: "The DOT already has broad, existing authority under the Clayton Act to block airline mergers. Similarly, under Title 49 of the U.S. Code, DOT has broad authority to investigate and prosecute anti-competitive airline mergers, and to deny route transfers that contravene the public interest or affect domestic competition."
The group also highlighted President Joe Biden's call for Buttigieg to deliver financial relief to air travelers and align the DOT with the White House's;𠇊mericans want more choices and lower prices for airline tickets, not another giant merger. Critical action to protect consumers and workers by AAG Kanter & Secretary Buttigieg. I've urged federal agencies to heed @POTUS' call to use their antitrust tools to promote competition.
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WSJ News Exclusive | JetBlue, Spirit Brace for Justice Department Lawsuit to Block Airlines’ MergerJetBlue's CEO said he expects the Justice Department will try to block its planned takeover of Spirit in the coming days Come on this is david stern blocking cp3 to the lakers all over again AndrewTangel nice article. Has the breakup not been paid already?
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