The Biden administration is pushing TikTok’s Chinese owners to sell the app or face a possible ban. But there are many complications to finding a suitor.
Category: Antitrust Laws and Competition Issues
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Justice Department Sues to Block JetBlue’s Acquisition of Spirit
The New York Times – Travel:Antitrust regulators said the deal would reduce competition and raise fares. The companies claim it would allow them to better compete against the biggest U.S. airlines.
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Why Regulators Plan to Sue Over JetBlue’s Deal for Spirit
The New York Times – Business:Regulators looking to block JetBlue’s $3.8 billion bid to buy Spirit Airways think there’s no other way to address their competition concerns.
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JetBlue Expects U.S. Move to Block Merger With Spirit
The New York Times – Business:JetBlue said it saw a “high likelihood” of an antitrust suit by the Justice Department this week, but declared that the deal would foster competition.
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JetBlue and Spirit Unions Split on Airlines’ Merger
The New York Times – Travel:Flight attendant unions at the two carriers are pushing in opposite directions as federal officials decide whether and on what terms to allow the deal.
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PGA Tour Can Depose Saudi Wealth Fund’s Leader, Judge Rules
The New York Times – Sports:The decision in a case involving the LIV Golf series could open a rare window into the operations of Saudi Arabia’s Public Investment Fund.
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Power to Punish LIV Golfers Faces a Legal Test in Europe
The New York Times – Sports:An arbitration panel will meet next week to weigh whether the European Tour may penalize the men who played on the Saudi-backed circuit.
