Ryanair, the Irish budget airline, has announced its intentions to strengthen its market leadership in Italy, despite facing recent regulatory challenges. The airline’s ambition includes potential acquisition of slots at Rome’s Fiumicino airport, contingent on the merger between Lufthansa and ITA Airways.
At a press conference in Rome, Ryanair’s CEO, Michael O’Leary, highlighted the airline’s ongoing dispute with Italy’s antitrust authority, AGCM. The contention arose from Ryanair’s limitations on the sale of its tickets by travel agencies, including a clash with the Spanish online travel agency eDreams.
Related: RyanAir To Appeal Italian Antitrust Fine
The AGCM has mandated Ryanair to cease its restrictive practices against travel agencies, a move that Ryanair vehemently opposes. O’Leary, demonstrating his protest with a placard stating “Stop OTA Pirates, Protect Passengers,” announced plans to appeal any adverse ruling by the AGCM. Ryanair is also preparing to file a counter-complaint against eDreams, accusing it of misleading customers with a Prime membership service that promises non-existent discounts.
eDreams has responded to the controversy by condemning Ryanair’s tactics, labeling them as aggressive and indicative of the airline’s anti-competitive behavior.
As the dispute unfolds, Ryanair remains confident in its legal position and is set to meet with the AGCM to discuss the matter further.
Source: XM
Featured News
College Sports Leaders in Intensive Talks to Settle NIL Antitrust Case Against NCAA
Apr 30, 2024 by
CPI
EU Investigates Facebook’s and Instagram’s Handling of Disinformation Ahead of Elections
Apr 30, 2024 by
CPI
Antitrust Lawsuit Targets Hotel Giants for Alleged Price Fixing with AI
Apr 30, 2024 by
CPI
ABA Seeks to Join FTC Lawsuit Against Amazon Over Antitrust Concerns
Apr 30, 2024 by
CPI
Google Agrees to Pay News Corp for AI-Related Content
Apr 30, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI