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U.S. Department of Justice to Block Jet Blue Spirit Merger, Sources
WASHINGTON — According to the Bloomberg news agency, the United States Justice Department and Department of Transportation will make a move today to thwart JetBlue Airways' $3.8 billion acquisition of Spirit Airlines. (www.airlinerwatch.com) 기타...Sort type: [Top] [Newest]
So here's a great example of a man (or woman?) sticking his nose where he don't belong. Buttigouge don't even know how to call a cab much less how to run DOT and anytine E. Warren is involved, people should be wary.
"The lawsuit would argue that the elimination of Spirit Airlines would lead to higher fares and fewer choices for passengers.
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Of course! Isn't that the purpose of an acquisition or so-called "merger", to raise prices and provide fewer choices?
It is obvious someone hasn't kept up with their bribery payments.
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Of course! Isn't that the purpose of an acquisition or so-called "merger", to raise prices and provide fewer choices?
It is obvious someone hasn't kept up with their bribery payments.
I don't see the issue since Continental was swallowed up by United and US Airways merged with American.
Its what happens in business and you cant say JB would be a monopoly. I believe it will actually be better for consumers.
Its what happens in business and you cant say JB would be a monopoly. I believe it will actually be better for consumers.
Communism.
I’d be happy to have the country run like a company if it meant we could liquidate all the states whose federal funding exceeds federal tax revenue. If companies can axe unprofitable divisions, then USA Co. should be able to axe unprofitable states.
Why would they want to block this merger, they should have blocked all the mergers that Doug Parker (former AA CEO) orchestrated over his worthless career. He ruined the US airline industry.