Breaking News
1. Kolkata rape-murder case: Junior doctors continue their protests at Swasthya Bhawan | VIDEO      2. Heavy rains lash Delhi-NCR, causing waterlogging in several areas      3. STF detains Assamese actress, husband in stock trading scam      4. Google's AI model faces European Union scrutiny from privacy watchdog      5. Andhra Pradesh: Seven people died after van lost control, overturned into the farm fields      6. Several parts of Delhi receive light rainfall      7. Traffic snarl on route from Akshardham Temple to Sarai Kale Khan in Delhi.      8. Tirupati: Union Minister Suresh Gopi offers prayers at Tirupati Balaji Temple      9. PM Modi to inaugurate the SEMICON India 2024 programme at India Expo Mart in Greater Noida      10. Hardeep Singh Puri, Pralhad Joshi attend inaugural session of International Conference on Green Hydrogen      11. Uttar Pradesh: Wolf attacked 11-year-old girl      12. RBI Governor Shaktikanta Das offers prayers to Lalbaugcha Raja in Mumbai      13. 'How Was Autopsy Done...': SC Questions Bengal Govt On Missing Document In Kolkata Rape-Murder Case      14. GST Council gives relief to foreign airlines; ministerial panels to study future of cess, rate cut on insurance      15. We will think of scrapping reservation when India is a fair place: Rahul Gandhi in U.S.      16. Maharashtra BJP chief's son Sanket Bawankule flees after Audi hits several vehicles in Nagpur      17. On Mamata Banerjee's Pujo Call, Doctor's Family Says, "Celebrated With Her"      18. Drone visuals from Bahraich, Uttar Pradesh, where a search operation is underway to catch the wolves left      19. Drought sinks Poland's longest river to record-low level      20. India News Live Updates: Deep depression likely to hit Odisha coast near puri by Monday noon, say IMD     

Appointment of New Judge: The Challenging JetBlue & Spirit Airline Case Update

  • Posted on March 9, 2023
  • News
  • By Akta Yadav
  • 310 Views
2023/03/png_20230309_103857_0000.png
Appointment of New Judge:-
The US Justice Department is trying to stop JetBlue Airways' $3.8 billion acquisition deal of low-cost airline Spirit Airlines and the case was reassigned to a judge renowned to speed cases along the trial process. US District Judge William Young was unfairly handed the JetBlue-Spirit case; despite the fact that the case should be heard by a different judge who is already dealing with a different antitrust issue involving JetBlue   Appointment of New Judge Appointment of New Judge District Judge Leo Sorokin is in charge of the other JetBlue case, which aims to have American Airlines and JetBlue end their US-Northeast alliance since it would result in increased rates for customers. The Justice Department argued that because both cases contained evaluations of JetBlue's network plans, aircraft orders, and configurations, as well as pricing strategy. Therefore, Justice Sorokin should also hear the JetBlue and Spirit cases. In the lawsuit involving the merger of Spirit Airlines and JetBlue, The Justice Department stated that "the merger of JetBlue and Spirit would unite two extremely close and strong competitors". Additionally, they described the agreement as presumably illegal given that JetBlue intended to eliminate 10% to 15% of the seats from each Spirit airplane. However, in response, JetBlue has countered that the merger would result in the creation of the fifth-largest US carrier with a 9% market share. The merger would enable it to more effectively compete with the major airlines, which was good for competition. Appointment of New Judge Appointment of New Judge For more updates keep visiting our website www.topstoriesworld.com where we provide unbiased, true, and top stories of the world.  
Author
No Image
Author
Akta Yadav

You May Also Like