{"id":6567,"date":"2024-01-22T06:08:32","date_gmt":"2024-01-22T05:08:32","guid":{"rendered":"https:\/\/oxfordwisefinance.com\/blog\/doj-stops-airlines-from-merging-and-costing-us-even-more\/"},"modified":"2024-11-29T18:13:35","modified_gmt":"2024-11-29T17:13:35","slug":"doj-stops-airlines-from-merging-and-costing-us-even-more","status":"publish","type":"post","link":"https:\/\/oxfordwisefinance.com\/blog\/doj-stops-airlines-from-merging-and-costing-us-even-more\/","title":{"rendered":"DOJ Stops Airlines From Merging And Costing Us Even More"},"content":{"rendered":"

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The DOJ simply prevented that impromptu journey to Miami from costing you much more. JetBlue and Spirit airways are two low-cost choices that attempted to merge below the auspicies of saving the patron some cash. It was exhausting to take care of that story as soon as inner paperwork leaked that JetBlue meant on including a 40% ticket to the costs Spirit was calling for. After a smoking gun like that, you\u2019d anticipate for the deal to fall although \u2014 fortunately, it did.<\/p>\n

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BREAKING: The Department of Justice has blocked JetBlue and Spirit airways from merging, discovering that it "would further consolidate an oligopoly" and trigger hurt to shoppers. pic.twitter.com\/QTsvUvLaeH<\/a><\/p>\n

— More Perfect Union (@MorePerfectUS) January 16, 2024<\/a><\/p>\n<\/blockquote>\n

One small loss for oligarchy, one large win for shoppers. Monopolies value the typical American $300 a month again in 2019 \u2014 I\u2019d guess the quantity has solely gone up since then. There is not any higher solution to have fun JetBlue and Spirit staying seperate entities than shopping for a ticket and going someplace good! Well, you\u2019d in all probability be higher off with a staycation. COVID charges are actually excessive proper now and I doubt an airport go to would assist the numbers.<\/p>\n

Chris Williams turned a social media supervisor and assistant editor for Above the Law in June 2021. Prior to becoming a member of the employees, he moonlighted as a minor Memelord within the Facebook group Law School Memes for Edgy T14s. He endured Missouri lengthy sufficient to graduate from Washington University in St. Louis School of Law. He is a former boatbuilder who can not swim, a broadcast writer on vital race idea, philosophy, and humor, and has a love for biking that sometimes annoys his friends. You can attain him by e-mail at cwilliams@abovethelaw.com and by tweet at @WritesForRent<\/a>.<\/strong><\/p>\n

For extra of the newest in litigation, regulation, offers and monetary providers tendencies, join Finance Docket, a partnership between Breaking Media publications Above the Law and Dealbreaker.<\/em><\/p>\n<\/p>\n

Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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