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Supreme Court rejects Ryanair’s appeal of decision reviving probe of Aer Lingus stake

By  |  June 1, 2012

The U.K. Supreme Court has denied Ryanair’s request to appeal a U.K. Court of Appeal ruling that allowed the OFT probe of the airline’s stake in rival Aer Lingus to continue. In rejecting the request, the Court held that Ryanair does not have the right to appeal the decision.

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    The OFT’s probe began in 2010 to determine if Ryanair could use its shareholding to influence its rival Aer Lingus and impede competition. However, Ryanair challenged the investigation, arguing that the OFT did not begin its investigation in time because the airline started to acquire its stake in 2006.

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    Full content: Bloomberg

     

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