Friday September 25, 2020

EU veto could scupper Ryanair takeover bid

Aer Lingus and the government have been told by advisers that the best prospect of Ryanair’s proposed €1.48 billion takeover failing rests with a narrow interpretation by the EU Commission of competition on the Dublin to London market and the dominan

7th October, 2006

Advisers believe that EU Competition Commissioner, Neelie Croes, and her department will examine the all-important Dublin to London market on the basis of what is called ‘city pairs’. They point to the Air France takeover of Dutch airline KLM in 2004 which was scrutinised by way of the ‘city pairs’ on the Paris Amsterdam market.

The EU imposed a number of conditions on Air France, forcing it to give up landing slots...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 8 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago