“Antitrust enforcers block the JetBlue-Spirit merger” – BIG

“Today, recognizing America is in a monopoly crisis has become conventional wisdom, so much so that this judge, an 82 year-old Ronald Reagan appointee, openly talked about the effects of this concentration problem in a merger opinion blocking a deal between two relatively small airlines. And no one batted an eye. That is a stunning intellectual turnaround from an era where consolidation was considered a way to foster efficiency and better corporate behavior”

https://www.thebignewsletter.com/p/antitrust-enforcers-block-the-jetblue