‘This is not Pepsi buying Coke’: JetBlue chief downplays DOJ lawsuit blocking Spirit deal - News Summed Up

‘This is not Pepsi buying Coke’: JetBlue chief downplays DOJ lawsuit blocking Spirit deal


The US government’s lawsuit to block JetBlue Airways’ acquisition of competitor Spirit Airlines has prompted a range of strong reactions. Admitting to being “disappointed” by the DOJ’s decision, he argues that fears of a discount airline monopoly are overblown. “This is not Pepsi buying Coke,” he said during a 7 March television interview. On 7 March, John Samuelsen, president of the Transport Workers Union of America, said the union supports the DOJ lawsuit to block the JetBlue-Spirit deal. The union also called for the DOT to use its separate authority to block the deal.


Source: Daily Nation March 09, 2023 04:13 UTC



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