Antitrust: The Blockade of JetBlue's $3.8bn Bid for Spirit Airlines
In recent news, a U.S. federal judge has halted JetBlue Airways' ambitious attempt to acquire Spirit Airlines for $3.8 billion. This landmark decision is a significant victory for the Department of Justice (DoJ) and a reminder of the crucial role antitrust regulations play in ensuring fair competition within the airline industry.
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