About this episode
The episode discusses the government's intervention in JetBlue's attempt to acquire Spirit Airlines and the implications for consumer welfare.
The grotesque spectacle practically writes itself. For years, the guardians of “consumer welfare” in Washington postured as vigilant sentinels against consolidation in the airline industry, so that when JetBlue sought to acquire Spirit Airlines, the Department of Justice intervened immediately and with all earnest. The argument, we were told, was simple: Spirit, the plucky ultra-low-cost […]
Topics covered
- airline industry
- mergers
- consumer welfare
- government intervention
- business regulation
Keywords
- JetBlue
- Spirit Airlines
- Department of Justice
- mergers
- consumer welfare
- airline industry
- government intervention
Mentioned in this episode
Organizations: JetBlue, Spirit Airlines, Department of Justice
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