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Aircraft and finance. Red light for the takeover of Aer Lingus by Ryanair: the European Commission explains its reasons
Brussels, Belgium - According to Brussels, the operation would have created a monopoly
The European Commission has prohibited, on the basis of the EU Merger Regulation, the proposed takeover of the Irish flag carrier Aer Lingus by the low-cost airline Ryanair. The acquisition would have combined the two leading airlines operating from Ireland. The Commission concluded that the merger would have harmed consumers by creating a monopoly or a dominant position on 46 routes where, currently,...
AVIONEWS - World Aeronautical Press Agency - 1150132
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency