Jessica Corbett is a senior editor and staff writer for Common Dreams.
A Massachusetts-based federal judge on Friday sided with the Biden administration plus six states and the District of Columbia, which launched an antitrust challenge to American Airlines and JetBlue Airways' 'de facto merger' for Boston and New York City . The U.S. Department of Justice along with the attorneys general of Arizona, California, Florida, Massachusetts, Pennsylvania, Virginia, and D.C. filed a civil lawsuit over the airlines' Northeast Alliance in September 2021.
It is similarly beyond dispute that the NEA involves substantial coordination by two powerful competitors in an industry that, on a domestic level, is closely regulated, highly concentrated, and often volatile. Reuters reported that after Sorokin ordered the end of the alliance within 30 days, 'JetBlue shares fell 1.8% for the day, while American closed down 1.5%,' and both airlines said 'they were evaluating their next steps.
Airline Industry Boston Us Department Of Justice Jetblue American Airlines Merrick Garland Elizabeth Warren New York City Jetblue-Spirit Merger American Economic Liberties Project
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