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The Transportation Department said a denial was warranted in light of a White House executive order that it “coordinate competition efforts, DOJ’s conclusion that the proposed merger would have anti-competitive effects, and the pendency of the federal lawsuit challenging the legality of the transaction.”
The government challenged JetBlue’s planned $3.8 billion acquisition of ultra-low cost carrier Spirit, saying it would “combine two especially close and fierce head-to-head competitors.”
