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“In the ruling, Judge William G. Young of the U.S. District Court in Massachusetts found that the merger was anti-competitive, agreeing with a U.S. Department of Justice argument that said the merger violated antitrust laws.“
JetBlue-Spirit merger blocked - The Points Guy
Posted from thepointsguy.com
DOJ
Posted 3 mo ago
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LTC Eugene Chu the DOJ has challenged previous mergers between airlines... many were settled...
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Spirit: we are going to end up bankrupt and out of business if we do nothing. So we are selling to JetBlue.
DOJ: That leaves gaps in low cost routes, we won't allow it.
Spirit: If we go out of business, those gaps will still exist. Plus, most of them will be covered by other low cost carriers.
DOJ: We can't allow it. It would make JetBlue too competitive with the big 4. Oops, I mean it is anti-competitive.
JetBlue, It literally eliminates no competition and it INCREASES competition in the major markets.
DOJ: Exactly.
Judge: Exactly. Denied.
DOJ: That leaves gaps in low cost routes, we won't allow it.
Spirit: If we go out of business, those gaps will still exist. Plus, most of them will be covered by other low cost carriers.
DOJ: We can't allow it. It would make JetBlue too competitive with the big 4. Oops, I mean it is anti-competitive.
JetBlue, It literally eliminates no competition and it INCREASES competition in the major markets.
DOJ: Exactly.
Judge: Exactly. Denied.
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