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JetBlue-Spirit Merger Blocked
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Federal judge hinders JetBlue's $3.8 billion acquisition of Spirit Airlines due to concerns of eliminating competition, potentially enabling JetBlue to hike prices by up to 30%.
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How might the blocking of the JetBlue-Spirit merger affect the competitive landscape of the airline industry?
How might this decision influence future mergers within the airline sector?
What strategies could Spirit Airlines employ to maintain its competitive edge in the market?
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