The New York Times – Sports:
A complaint filed on behalf of 11 players pushed back against the punishments imposed by the PGA Tour for players who participate in events sponsored by the upstart LIV series.
Category: Antitrust Laws and Competition Issues
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JetBlue and Spirit Airlines Announce Merger Plan
The New York Times – Travel:
The deal, which comes a day after Frontier’s bid for Spirit fell apart, is likely to face antitrust scrutiny.
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Spirit Airlines Shareholders Reject Merger With Frontier
The New York Times – Travel:
The decision could improve prospects for Spirit to reach a deal with JetBlue, a suitor it had previously rejected.
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PGA Tour’s Fight With LIV Golf Reaches Justice Department
The New York Times – Sports:
The Justice Department is investigating the PGA Tour for anticompetitive behavior in its dealings with the breakaway LIV Golf Series.
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DOJ Asks Court to Limit Scope of MLB’s Antitrust Exemption
The New York Times – Sports:
In a statement of interest related to an ongoing lawsuit, the government called the exemption an aberration.
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ISS Urges Spirit Shareholders to Vote Against Frontier Merger
The New York Times – Travel:
Institutional Shareholder Services, which advises large investors, said shareholders should opt for a higher offer for Spirit by JetBlue.
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JetBlue Makes a Hostile Takeover Bid for Spirit Airlines
The New York Times – Travel:
The carrier made a tender offer valued at $3.2 billion and said it was willing to pay more if Spirit cooperated with an acquisition.
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Spirit Airlines Rejects JetBlue’s Offer
The New York Times – Travel:
The airline said regulators would be skeptical of letting the companies merge as long as JetBlue is in a partnership with American Airlines.
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Bidding War for Spirit Could Undercut Power of Four Big Airlines
The New York Times – Travel:
The rival bids for Spirit from Frontier and JetBlue could create an airline that presents a more formidable challenge to American, Delta, Southwest and United.