What is the proposed acquisition amount for JetBlue's acquisition of Spirit?
Garland Says JetBlue-Spirit Deal Is Bad for Travelers
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Business, Social Studies
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JetBlue's proposed $3.8 billion acquisition of Spirit Airlines is under scrutiny for potentially violating Section 7 of the Clayton Act. The merger could reduce competition, limit choices, and increase ticket prices, especially affecting travelers who depend on ultra low-cost carriers. JetBlue and Spirit currently compete on numerous routes, holding significant market shares, which could be disrupted by the merger.
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
Which section of the Clayton Act does the acquisition allegedly violate?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
How will the merger impact choices and ticket prices for passengers?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
Who are the primary travelers affected by the merger according to the allegations?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What percentage of the market do JetBlue and Spirit currently account for on the Boston to San Juan route?
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