Another Antitrust FAIL: Government "Protected" Airline Competition by Killing an Airline (Maybe Two) | 1765

Spirit Airlines is gone.And Washington is already trying to blame everyone else. In this Good Morning Liberty breakdown, Nate and Chuck look at the collapse of Spirit Airlines, the blocked JetBlue merger, Elizabeth Warren's "Biden win for flyers," Robert Reich's airline consolidation argument, and the government's very normal habit of breaking things in the name of helping consumers. Was it fuel prices? Was it the Biden DOJ blocking the JetBlue Spirit merger? Was it bad business? The answer from GML: there is blame to go around, but the deeper problem is politicians and regulators having the power to jack with markets in the first place. Spirit Airlines, JetBlue, airline antitrust, Elizabeth Warren, Robert Reich, airline consolidation, consumer prices, and the myth of government-managed competition all collide in this one. Chapters:00:00 Good Morning Liberty intro00:01 Spirit Airlines is done00:03 The left and right fight over blame00:06 Both sides are a little bit right00:07 The DOJ blocking the merger00:09 Spirit CEO on the JetBlue offer00:11 Was the merger actually "illegal"?00:14 Sean Duffy, Biden DOJ, and competition00:16 Government got involved, travelers lost00:20 Robert Reich's airline argument00:27 Airline deregulation and cheaper airfare00:40 Elizabeth Warren's "win for flyers" ages badly Watch All Episodes: https://www.youtube.com/playlist?list=PLi78svKlBr_8o0dDOX8DxO_Wwxu6WYhhAWatch Host Favorites: https://www.youtube.com/playlist?list=PLi78svKlBr__Zu40RL7mWxCuOOe54zgy2Join the Fed Haters Club @ joingml.comAll links @ gml.bio.link Subscribe, like, comment, and share. Then leave a rating and review on the podcast app because unlike Spirit, we are still accepting baggage.  Become a supporter of this podcast: https://www.spreaker.com/podcast/heartland-newsfeed-radio-network--2904397/support.