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OFT refers Ryanair’s minority stake in Aer Lingus to Competition Commission

London, UK - For further investigation

The OFT (Office of Fair Trading) referred the completed acquisition by Ryanair Holdings plc of a minority stake in Aer Lingus Group plc (AL) to the Competition Commission for further investigation, due to competition concerns. The OFT commenced an investigation into Ryanair's stake of 29.8 per cent in the other airline in October 2010. The OFT was legally unable to act prior to this date because...

fra/pec - 1142311

AVIONEWS - World Aeronautical Press Agency
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