As flights between Ireland and Britain are almost exclusively controlled by Ryanair and Aer Lingus, regulators may soon force Ryanair to divest half of its stake in Aer Lingus as the UK’s Competition Commission reviews the situation. According to reports, the Commission will decide this week if a forced divestment will occur, though the structure of the market and the dominance of the two airlines suggest a divestment is likely. The news is a major blow to the budget carrier that has made several attempts to acquire sole control of Aer Lingus; three attempts have been made, all of which were blocked by regulators over competition concerns. Ryanair head Michael O’Leary has said he would appeal if regulators decide to force the company to sell its stake in Aer Lingus.
Full Content: Irish Central
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Justice Department Moves to End NCAA Transfer Rule
May 30, 2024 by
CPI
Kenya’s Competition Authority Proposes Tougher Regulations on Big Tech
May 30, 2024 by
CPI
KKR Secures EU Antitrust Approval for $24 Billion Acquisition of Telecom Italia’s Fixed-Line Network
May 30, 2024 by
CPI
European Court Sides with Tech Giants in Italian Regulatory Dispute
May 30, 2024 by
CPI
US Steel and Nippon Steel Secure International Approvals for $14.9B Merger
May 30, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI