UK Limits Ryanair's Control Over Aer Lingus Amid Probe

Law360, New York (October 1, 2012, 5:29 PM EDT) -- British antitrust regulators issued an order Thursday barring Ryanair Holdings PLC from exploiting its partial ownership of Irish rival airline Aer Lingus Group PLC while an investigation into the 30 percent stake is pending.

While the U.K. Competition Commission continues to weigh the legality of Ryanair's position in Aer Lingus — the remnant of a failed takeover bid — Ryanair will need express approval for “any action which might impair the ability or incentive of Aer Lingus to compete independently of Ryanair in any of the...
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