California, three other states join US bid to stop JetBlue-Spirit merger

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California, three other states join US bid to stop JetBlue-Spirit merger
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California and three other states on Friday joined the U.S. Justice Department lawsuit aimed at preventing JetBlue Airways from buying rival discount carrier Spirit Airlines for $3.8 billion.

"Preserving the status quo is the most anti-competitive step that the federal government and these states can take," the airline added.

Adding state attorneys general could mean extra staffing for litigation and additional expertise regarding effects on particular states. The lawsuit is the latest attempt by President Joe Biden's administration to push back against further consolidation in industries dominated by large companies. Separately, Florida Attorney General Ashley Moody resolved a state probe into the deal after the airlines agreed to increase seat capacity by at least 50% in both Fort Lauderdale and Orlando airports if the merger is completed.Our Standards:Focused on U.S. antitrust as well as corporate regulation and legislation, with experience involving covering war in Bosnia, elections in Mexico and Nicaragua, as well as stories from Brazil, Chile, Cuba, El Salvador, Nigeria and Peru.

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