
Published by
Reuters
Reuters
By Diane Bartz and Mike Scarcella WASHINGTON (Reuters) – The U.S. Justice Department’s complaint aimed at stopping JetBlue Airways Corp from buying rival discount carrier Spirit Airlines Inc will force the companies to explain why very high market shares on some routes will not mean higher prices for consumers. The government filed the lawsuit on Tuesday, saying the planned $3.8 billion acquisition “will lead to higher fares and fewer seats, harming millions of consumers on hundreds of routes.” The U.S. Justice Department argued JetBlue was losing its reputation as a maverick, low-price carrie…