Federal Judge Blocks JetBlue-Spirit Merger Over Fears of Eliminating Competition
Updated Jan. 16, 2024 4:32 pm ET A federal judge on Tuesday blocked JetBlue Airways’ $3.8 billion deal to buy Spirit Airlinesrejecting a merger that he said would hamper competition and lead to higher fares. The ruling thwarts what would have been the biggest U.S. airline merger in over a decade. It marks a victory…