Data: Yahoo Finance. Chart: Axios Visuals.
The Department of Justice filed an antitrust lawsuit on Tuesday to block JetBlue's planned $3.8 billion takeover of Spirit Airlines, alleging the merger of low-cost airline rivals would increase ticket prices and lessen options for travelers.
Why it matters: Critics of the deal — which would make JetBlue the fifth-largest domestic airline — have argued that it's against the public interest and would harm competition.
