Judge Blocks JetBlue's Takeover Of Spirit

A federal judge blocked JetBlue's $3.8 billion takeover bid for Spirit Airlines saying it would reduce airline competition and increase fare prices. Judge William G. Young of the U.S. District Court for the District of Massachusetts rejected JetBlue's contention that the merger would bring down prices overall because it would allow JetBlue to go toe-to-toe with American, Delta, United and Southwest. In the 109-page ruling Young sided with the DOJ who said the merger would instead merely allow JetBlue to behave the same way as its top-tier competitors while removing a low-cost option for travelers.


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