In a big win for President Joe Biden’s Justice Department, a federal judge has blocked the merger between JetBlue Airways and Spirit Airlines. The Justice Department sued to block the merger soon after it was announced, arguing that it was anticompetitive and would drive up prices.
The $3.8 billion merger would have resulted in the country’s fifth-largest airline. JetBlue would have entirely absorbed Spirit, rebranding its airplanes and using its slots across the country for rapid expansion.