Ryanair asked the Competition Appeal Tribunal to block the Competition Commission’s probe into its 30 percent stake in Aer Lingus, as it overlaps a new European Union review. The EU is reviewing Ryanair’s proposed bid for the remaining share of Aer Lingus for €694 million. According to Ryanair’s lawyer, Mr Pannick, “each of the two regulators are going to be looking at essentially the same factors” and the European Commission has exclusive jurisdiction.
In 2006 Ryanair made a takeover bid that the EU ultimately blocked on competition grounds. It considers to have good prospects of persuading the European Commission to let its current bid proceed, in light of changes in circumstances since the last offer.
Full content: Irish Times
Related content: A Presentation on Market Definition
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI