News

UK Can Investigate Ryanair’s Stake in Aer Lingus

UK Can Investigate Ryanair’s Stake in Aer Lingus

The UK Competition Commission has been given the go ahead to investigate Ryanair’s shareholding in Aer Lingus. 

It has won the right to evaluate whether Ryanair’s 29.8% stake gives it undue influence over its rival.

Ryanair

Ryanair had tried to fight against an investigation, arguing that it would undermine a separate probe by the European Commission. 

Aer Lingus welcomed the decision and said it was “a key milestone on the path toward Ryanair being required to divest its shareholding in Aer Lingus”.

Ryanair said it will ask the UK”s supreme court to hear another appeal.

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

NEIL STEEDMAN has been a trade journalist, copywriter, editor and proofreader for 52 years, and News & Features Editor for ‘Irish Travel Trade News’ for the past 42 years.

More in News

Voting for ITTN Awards Extended by One Week

Neil SteedmanOctober 16, 2019

Danny Giles Joins Silversea Expeditions

Michael FloodOctober 16, 2019

Last Chance to Enter ITTN+EMIRATES Travel Photographer of the Year

Michael FloodOctober 16, 2019

ITTN’s Great Value Travel Deals – 17th October 2019

Neil SteedmanOctober 16, 2019

Prague Convention Bureau Invites Corporate Buyers to Fam Trip and Workshop

Neil SteedmanOctober 16, 2019

WTM London to Highlight Isle of MTV Malta

Neil SteedmanOctober 16, 2019

Dublin Airport Avoca Store Wins Global Travel Retail Award

Michael FloodOctober 16, 2019

London Travel Week Announces Key Events

Neil SteedmanOctober 16, 2019

WTM London Welcomes the Finest Global Travel Buyers to Join 40th Edition

Neil SteedmanOctober 16, 2019

Copyright © 2019 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland