mergers
The Biden DOJ doomed Spirit Airlines with its antitrust polices
Consumer Choice Center Deputy Director Yaël Ossowski is interviewed on Schwab Network to discuss the looming bankruptcy of Spirit Airlines, and how the Biden administration’s antitrust and competition policies have precipitated its downfall. If we want more airline competition, we should look to repealing cabotage laws and boosting the ability for global airlines to serve…
The FTC’s cheering of a failed merger shows its disdain for consumers
Since when do government agencies applaud business deals that fall apart, resulting in hundreds of layoffs and loss opportunities for consumers who depend on those products? That’s what happened earlier this month, when the Federal Trade Commission issued a press release applauding the failed $1.7 billion acquisition of the technology firm iRobot by the ecommerce…