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JetBlue-Spirit Airlines merger blocked by judge over fears it would hurt competition

Por: CBS News Business January 16, 2024

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A federal judge on Tuesday sided with the Biden administration to block JetBlue Airways from buying Spirit Airlines, saying the $3.8 billion deal would limit industry competition and put pressure on airfares.The Justice Department sued to block the merger, saying that JetBlue's buyout of Spirit, the nation's largest low-cost carrier, would reduce the availability of budget-friendly ticket options for the nation's most... + full article



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