Judge Blocks Spirit/JetBlue Merger After Antitrust Challenge

A judge has blocked the Spirit/Jetblue merger after an antitrust challenge by the Department of Justice (DoJ). JetBlue had proposed a $3.8 billion purchase of Spirit but the DoJ argued that the deal was anti competitive and would be bad for cost-conscious travelers that rely on Spirit’s low fares. JetBlue & Spirit said they disagreed with the ruling and would evaluate next steps.

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