JetBlue Agrees To Buy Spirit Airlines For $3.8 Billion

The transcript discusses JetBlue's $3.8 billion bid to acquire Spirit Airlines, which would make it the fifth largest US airline. The merger's impact on the airline industry, including potential changes in services and ticket prices, is explored. Concerns about regulatory approval and competition are highlighted, with expert Kyle Potter providing insights on the merger's implications.

What concerns might the government have regarding the merger?

In what ways could the absence of Spirit Airlines impact competition in the airline industry?