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Justice Department Seeks To End JetBlue Partnership With American

Justice Department Seeks To End JetBlue Partnership With American

Back in July 2021, President Biden instructed government agencies to begin more rigorously enforcing perceived antitrust violations (i.e., buying up rival businesses in order to have a monopoly on an industry) in order to spur more competition and to prevent a rise in consumer prices. "Robust competition is critical to preserving America's role as the world's leading economy," stated the order. Of course, as one might expect, companies accused of alleged antitrust violations, are quick to argue that they are engaging in no such practice, as Mark Zuckerberg, CEO of the company now known as Meta, often argued his companies has plenty of rivals in the social media world, including TikTok and Twitter .