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Ryanair's bid to take over Aer Lingus blocked

Started by mhm, February 28, 2013, 06:31:06 AM

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mhm

The European Commission has blocked a third attempt by Ryanair to take over rival Irish airline Aer Lingus.

In its ruling, the commission said the merger would have harmed consumers, reduced choice and led to increased prices for passengers travelling in and out of Ireland.

Aer Lingus welcomed the decision and said "Ryanair's offer should never have been made".

Ryanair said it would appeal against the judgement.
http://www.bbc.co.uk/news/business-21608407
Mike Colon Cancer Survivor for the Time Being.
Fides In Tenebris.