Partner Article
EU will block Aer Lingus Merger, say Ryanair
Ryanair says the European Commission intends to prohibit the airline’s proposed merger with Aer Lingus.
The airline says it has met “every competition concern” raised by the EU during a review process, and suggests the decision is politically motivated.
Ryanair’s Robin Kiely said: “It appears clear from this morning’s meeting, that no matter what remedies Ryanair offered, we were not going to get a fair hearing and were going to be prohibited regardless of competition rules.
“Given Ryanair’s remedies package clearly addresses every issue raised in the EU’s Statement of Objections, any decision to prohibit would be manifestly unfair and in contravention of EU competition rules.
“Ryanair has no alternative but to appeal any prohibition decision and we expect to get a fair hearing at the European Courts, as we haven’t received one from Commissioner Almunia and his case team. This decision is clearly a political one to meet the narrow, vested interests of the Irish Government and is not based on competition law.”
This was posted in Bdaily's Members' News section by Tom Keighley .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset
Business growth requires the right environment