Sat May 20, 2023, 01:02 AM
BootinUp (44,334 posts)
NPR: The ruling is a major victory for the Biden administration,NPR (bot)
@[email protected] NPR: The ruling is a major victory for the Biden administration, which has used aggressive enforcement of antitrust laws to fight against mergers and other arrangements between large corporations.#news #NPR https://m.ai6yr.org/@npr_bot/110399226590276662 American Airlines and JetBlue must end partnership in the Northeast U.S., judge rules May 20, 202312:48 AM ET By The Associated Press A JetBlue Airbus A320 taxis to a gate on Oct. 26, 2016, after landing, as an American Airlines jet is seen parked at its gate at Tampa International Airport in Tampa, Fla. Chris O'Meara/AP American Airlines and JetBlue Airways must abandon their partnership in the northeast United States, a federal judge in Boston ruled Friday, saying that the government proved the deal reduces competition in the airline industry. The ruling is a major victory for the Biden administration, which has used aggressive enforcement of antitrust laws to fight against mergers and other arrangements between large corporations. The Justice Department argued during a trial last fall that the deal would eventually cost consumers hundreds of millions of dollars a year. U.S. District Judge Leo Sorokin wrote in his decision that American and JetBlue violated antitrust law as they carved up Northeast markets between them, "replacing full-throated competition with broad cooperation." https://www.npr.org/2023/05/20/1177295597/american-airlines-jetblue-must-end-partnership-judge
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4 replies, 1948 views
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Author | Time | Post |
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BootinUp | May 20 | OP |
CaliforniaPeggy | May 20 | #1 | |
Dios Mio | May 20 | #2 | |
Dios Mio | May 20 | #3 | |
multigraincracker | May 20 | #4 |
Response to BootinUp (Original post)
Sat May 20, 2023, 01:07 AM
CaliforniaPeggy (145,718 posts)
1. A very good decision!
This sentence is a terrific summary:
U.S. District Judge Leo Sorokin wrote in his decision that American and JetBlue violated antitrust law as they carved up Northeast markets between them, "replacing full-throated competition with broad cooperation." Damn right! |
Response to BootinUp (Original post)
Sat May 20, 2023, 03:53 AM
Dios Mio (386 posts)
2. The decision is too logical. It gives me a headache.
Response to BootinUp (Original post)
Dios Mio This message was self-deleted by its author.
Response to BootinUp (Original post)
Sat May 20, 2023, 05:30 AM
multigraincracker (30,322 posts)
4. When will they bust the oil trust?
Like clock work, every gas station jacks the price up every Thursday around here. Every single station will have the exact same price for at least a few days. Every brand, every station and every place. Looks like zero competition in gas prices. Or some one is running the show for every station.
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