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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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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Justice Department sues to block JetBlue’s acquisition of Spirit AirlinesJetBlue's takeover of Spirit would create the fifth-largest airline in the country and also eliminate Spirit. why block it. One bad airline purchasing another bad one. Maybe they can create a mediocre one. LOL!
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »
Justice Department files suit to block JetBlue merger with Spirit AirlinesBREAKING: Justice Department files lawsuit to stop the proposed merger between JetBlue and Spirit Airlines. More Biden government nonsense. this seems like government overreach, they would only have like 8% of the total market, there's no need for this waste of tax payers money Why is this being blocked?
출처: ABC - 🏆 471. / 51 더 많은 것을 읽으십시오 »
US Justice Department sues to block JetBlue's purchase of Spirit Airlines | CNN BusinessThe US Justice Department is suing to stop JetBlue's proposed $3.8 billion deal to buy discount carrier Spirit Airlines, the first time in more than 20 years that the government has sought to block a US airline merger. Shit can't own poop, dudes Nooooooooooo.... please let them buy it. Spirit is an AWEFUL airline. lol Accurate
출처: CNN - 🏆 4. / 95 더 많은 것을 읽으십시오 »
Justice Department sues to block JetBlue merger with Spirit AirlinesBREAKING: Attorney General Merrick Garland announces lawsuit to block potential merger between JetBlue and Spirit Airlines: 'By acquiring Spirit, JetBlue will eliminate the largest, ultra low-cost carrier in the United States.' That sounds like a good merger, go block wasteful fake climate change and stupid rockets and space. Indict him already Good. They should have sued in the Ticket master merger.
출처: ABC - 🏆 471. / 51 더 많은 것을 읽으십시오 »