JetBlue's US$3.8 billion buyout of Spirit Airlines is blocked by judge citing threat to competition

A federal judge is siding with the Biden administration and blocking JetBlue Airways from buying Spirit Airlines, saying the US$3.8 billion deal would reduce competition. The Justice Department sued to block the merger, saying it would drive up fares by eliminating Spirit, the nation’s biggest low-cost airline.
Source: ctv business
JetBlue’s US.8 billion buyout of Spirit Airlines is blocked by judge citing threat to competition