Spirit Airlines collapse shows the ‘New Antitrust’ movement is a flop
The downfall of Spirit Airlines demonstrates what many legal and economic experts have warned for years: stopping mergers or punishing scale simply for the sake of stopping “bigness” does not help consumers. In this case, it did precisely the opposite. The downfall of Spirit Airlines demonstrates what many legal and economic experts have warned for years: stopping mergers or punishing scale simply for the sake of stopping “bigness” does not help consumers. In this case, it did precisely the opposite.
