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EU: Five years on, Ryanair still faces merger resistance from Commission

By  |  January 10, 2013

Five years after the European Commission blocked a bid from Ryanair Holdings Plc to buy Aer Lingus Group Plc, Ryanair continues to face resistance from the antitrust authority as the Commission has asked Ryanair for even more remedies to ompetition concerns. The budget airliner had offered last November to forfeit all of its 46 Dublin routes that overlap with Aer Lingus to remedy those concerns, though according to reports it was not enough to convince the Commission. The Irish government similarly did not approve. The authority must rule on the decision by February 27, though a draft decision is required earlier in the month.

 

Full Content: Bloomberg

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