Ryanair’s swoop for Aer Lingus has proved to be controversial, with the government, trade unions and, latterly, businessman Denis O’Brien forming a somewhat unlikely alliance opposed to the bid.
There has been much discussion of the possible competition implications, and last week, government officials met their EU counterparts to argue against the proposal on competition grounds. Some have suggested that, if the acquisition goes ahead, competition would be eliminated, with two airlines being replaced by a monopoly. Such arguments appear somewhat simplistic.
It would appear that the takeover would be subject to EU merger rules, rather than national legislation. Assuming that Ryanair can secure...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine