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.
Tag: Antitrust Laws and Competition Issues
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Justice Department Sues to Block JetBlue’s Acquisition of Spirit
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
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 and Spirit Unions Split on Airlines’ Merger
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 decision in a case involving the LIV Golf series could reveal details of the operations of Saudi Arabia’s Public Investment Fund.