More States Join Antitrust Lawsuit to Block JetBlue, Spirit Merger

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Attorneys general from California, Maryland, New Jersey and North Carolina on Friday joined an antitrust lawsuit seeking to block the merger of JetBlue and Spirit Airlines

Photo Illustration: Adele MorganAttorneys general from California, Maryland, New Jersey and North Carolina on Friday joined an antitrust lawsuit seeking to block JetBlue Airways Corp.’s takeover of Spirit Airlines Inc.

“This merger could decrease competition in air travel, leading to fewer flight options and increased costs for travelers,” said North Carolina Attorney General Josh Stein. “A merger might benefit the airlines, but it could harm their customers.”

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Sure, but Delta and Northwest Air was not an issue?

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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.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

California, three other states join U.S. bid to stop JetBlue-Spirit mergerCalifornia 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.
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »

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.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »