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European Commission stops third Aer Lingus takeover attempt by Ryanair
Brussels, Belgium - The acquisition would create serious competition problems
Ryanair has been once again stopped by the European Commission in its third takeover attempt of Ireland's airline Aer Lingus. Brussels, basing its decision on the EU Merger Regulation, concluded that the merger would have harmed consumers by creating a monopoly or a dominant position on 46 routes where, currently, the two airlines compete vigorously against each other. This would have reduced...
AVIONEWS - World Aeronautical Press Agency - 1150136
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency