{"id":561360,"date":"2023-03-09T08:37:11","date_gmt":"2023-03-09T03:07:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=561360"},"modified":"2023-03-09T08:54:13","modified_gmt":"2023-03-09T03:24:13","slug":"biden-administration-sues-to-block-jetblue-from-buying-spirit-airlines","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/biden-administration-sues-to-block-jetblue-from-buying-spirit-airlines\/","title":{"rendered":"Biden administration sues to block JetBlue from buying Spirit Airlines"},"content":{"rendered":"<p>The Biden administration sued on Tuesday to block JetBlue Airways&#8217; $3.8 billion purchase of Spirit Airlines, saying the deal would reduce competition and drive up air fares for consumers.<\/p>\n<p>The Justice Department said the tie-up would especially hurt cost-conscious travellers who depend on Spirit to find cheaper options than they can find on JetBlue and other airlines.<\/p>\n<p>Attorney General Merrick Garland was scheduled to hold a news conference to announce the lawsuit a sign of the importance that the administration places on stopping further consolidation in the airline industry.<\/p>\n<p>JetBlue and Spirit have anticipated the government challenge for weeks. The government had previously requested additional documents and depositions about JetBlue&#8217;s proposal to buy Spirit,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Biden administration sued on Tuesday to block JetBlue Airways&#8217; $3.8 billion purchase of Spirit Airlines, saying the deal would reduce competition and drive up air fares for consumers. The Justice Department said the tie-up would especially hurt cost-conscious travellers who depend on Spirit to find cheaper options than they can find on JetBlue and other airlines. Attorney General Merrick Garland was scheduled to hold a news conference to announce the lawsuit a sign of the importance that the administration places on stopping further consolidation in the airline industry. JetBlue and Spirit have anticipated the government challenge for weeks. The [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-561360","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/561360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=561360"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/561360\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=561360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=561360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=561360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}