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AA also has hubs in JFK and to a lesser extent LGA. Plus jetBlue also has a hub in JFK. EWR is owned by UA almost completely. You can bet they would not allow it.
Delta would be a better candidate for purchasing jetBlue based on their structure. They already have the JFK and (growing) BOS hubs.
That being said do you see the largest carriers becoming larger through acquisitions? I just don't see it being pushed through. Especially with fuel prices rising rapidly.
EWR is no longer slot controlled. I don't think they will look at EWR the same as LGA and JFK any longer. May require giving up some EWR gates, but that's it.
They would not likely allow Delta to buy JB without more JFK divestitures. They have large hubs at both SLOT CONTROLLED NYC airports.
The entire point of blocking a corporate merger of any kind is consumer protection. That is not the priority of this administration or the GOP in general. They priority business interest over the consumer and don't like government interference when not absolutely required.
So yes, I think UAL and JB would be approved with some token divestitures to make it look like they care about protecting consumers.