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The Department of Justice's statutory review period for the Alaska Airlines acquisition of Hawaiian Airlines lapsed on Monday without an antitrust suit. This development was unexpected, as many anticipated a deal where Alaska would guarantee minimum service between the islands of Hawaii.
However, Alaska Airlines walked back its claim that this meant the DOJ’s review of the merger was complete. The DOJ could still file suit.
Investigative antitrust reporter Diane Alter wrote for CTFN Mergers & Acquisitions Reporting that while Alaska's first statement was effectively but not technically accurate, "As a practical matter, the DOJ is likely done with its review," citing a source with knowledge of the matter.
