EC Denies Ryanair, Aer Lingus Merger

Law360, New York (June 27, 2007, 12:00 AM EDT) -- Claiming that allowing the merger of Irish airlines Ryanair and Aer Lingus would hurt customers, the European Commission has blocked the deal.

EC Competition Commssioner Neelie Kroes said on Wednesday that allowing the two companies to combine their 35 routes would all but eliminate competition in the Irish market.

“Our decision to prohibit this merger was essential to safeguard Irish consumers, who depend heavily on air transport, and other EU consumers,” Competition Commissioner Neelie Kroes said. “Monopolies are bad for consumers because they reduce choice, lower...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.