DOJ Sues to Stop JetBlue's Purchase of Spirit
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Business
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the initial market reaction to the news of JetBlue's potential antitrust suit?
Spirit shares increased by 9%
Spirit shares decreased by 9%
JetBlue shares increased by 9%
JetBlue shares decreased by 9%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main concern of the Department of Justice regarding the JetBlue and Spirit merger?
It will lead to higher ticket prices and fewer options for travelers
It will increase competition in the airline industry
It will improve customer service
It will decrease JetBlue's market share
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What unprecedented action is the Department of Transportation expected to take?
Block the transfer of Spirit's operating certificate
Increase funding for JetBlue
Approve the merger without conditions
Decrease regulations on the airline industry
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the merger is successful, what will be JetBlue's rank among US carriers based on domestic traffic?
First
Fifth
Tenth
Second
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might the merger affect other major airlines?
It will have no impact on their pricing strategies
It will lead to a decrease in their market share
It will allow them to increase their prices
It will force them to lower their prices
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