When I heard whispers the U.S. Department of Justice planned to file suit to block JetBlue’s proposed merger with Spirit, I wondered if the government would get it wrong, perhaps by arguing it needed to protect the JetBlue Effect: that circa-2003 argument that the airline lowered prices in competitive markets. As insiders know, this has not been particu…
DOJ: It's good for consumers to have an independent Spirit
The government’s case doesn't have much to do with JetBlue. Instead, it wants to save an innovative airline that consumers rely on.
