Abstract: The ruling is a victory for the Justice Department, which had argued that the merger would reduce competition.
Lead Paragraph:
A federal judge on Tuesday blocked JetBlue Airways’ proposed $3.8 billion acquisition of Spirit Airlines, a victory for the Department of Justice, which argued that the deal would harm travelers.
Source: The New York Times
Category: Business
Sub Category:
2024-01-16T18:25:03+0000
By J. Edward Moreno and Santul Nerkar