A deal he can’t refuse: The Tipline for 11 May 2023
Shareholders usually take a back seat during Department of Justice merger challenges, but one Spirit shareholder is feeling particularly emboldened. “Can you persuade Judge William Young to approve the JetBlue Spirit merger?” he asked the presiding judge’s assistant in an email, adding that the tie-up is “not even close” to creating an airline monopoly. Also in Tipline, the Federal Trade Commission’s proposed non-compete ban gets a vote date and a new lawsuit alleges algorithm-facilitated price-fixing among Atlantic City hotels.
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