California 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.
"Preserving the status quo is the most anti-competitive step that the federal government and these states can take," the airline added.
Adding state attorneys general could mean extra staffing for litigation and additional expertise regarding effects on particular states. The lawsuit is the latest attempt by President Joe Biden's administration to push back against further consolidation in industries dominated by large companies. Separately, Florida Attorney General Ashley Moody resolved a state probe into the deal after the airlines agreed to increase seat capacity by at least 50% in both Fort Lauderdale and Orlando airports if the merger is completed.Our Standards:Focused on U.S. antitrust as well as corporate regulation and legislation, with experience involving covering war in Bosnia, elections in Mexico and Nicaragua, as well as stories from Brazil, Chile, Cuba, El Salvador, Nigeria and Peru.
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California, three other states join U.S. bid to stop JetBlue-Spirit merger
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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.
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California, 3 other states join bid to block JetBlue-Spirit dealCalifornia and three other states joined a federal lawsuit aimed to block JetBlue's $3.8 billion purchase of Spirit Airlines. The lawsuit is scheduled for trial this fall.
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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...
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More States Join Antitrust Lawsuit to Block JetBlue, Spirit MergerAttorneys 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
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JetBlue plans to cut flights for New York area amid ongoing air traffic controller shortageJetBlue is preparing to cut down the number of weekly flights in the New York City area this spring and summer in response to a shortage of air traffic controllers, its CEO tells CNBC.
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