EU investigation into Ryanair’s bid for Aer Lingus to run until January

Victoria
By Victoria August 30, 2012 23:06

EU investigation into Ryanair’s bid for Aer Lingus to run until January

An in-depth investigation into Ryanair’s second takeover bid for Aer Lingus by the European Commission could run until the middle of January 2013. Investogators are analysing how competition would be affected by such a move that would result in one carrier operating out of the country.
“On a large number of European routes, mainly out of Ireland, the two airlines are each other’s closest competitors and barriers to entry appear to be high,” the European Commission said. “Many of these routes are currently only served by the two airlines. The takeover could therefore lead to the elimination of actual and potential competition on a large number of these routes. The commission will now investigate the proposed merger in-depth to determine whether these initial concerns are confirmed or not.”

Victoria
By Victoria August 30, 2012 23:06
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