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European Commission opens in-depth investigation into acquisition of stake in ITA Airways by Lufthansa
It has preliminary concerns that the transaction may reduce competition in the market
The European Commission has opened an in-depth investigation to assess, under the EU Merger Regulation, the proposed acquisition of joint control of ITA Airways (‘ITA') by Deutsche Lufthansa AG (‘Lufthansa”') and the Italian Ministry of Economy and Finance (‘MEF'). The Commission has preliminary concerns that the transaction may reduce competition in the market for passenger air transport services on seve...
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AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency