Originally Posted by
LongHornFlyer
And if the government blocks a buyout that may have saved them claiming that said airline is too important to get swallowed up, that airline would have a legitimate claim. The government blocking the transaction then watching that company fail is a dangerous precedent. Had the government not intervened, and then the company failed, they wouldn’t have a case…but that’s not what happened. You want to pretend that the government had nothing to do with this. They did. Keep pretending…nobody with more than a few brain cells or any memory whatsoever is fooled.
The merger was anti competitive, and got blocked.
Jetblue themselves said spirit was their biggest threat. A spirit frontier merger wouldve destroyed jetblue. So jetblue attempted a hostile takeover.
A lcc absorbing a ulcc to eliminate a competitor
Blocked by the US court, not biden