UK gets go-ahead to 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 had tried to fight against an investigation, arguing that it would undermined 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".
But Ryanair said it would now ask the UK’s supreme court to hear another appeal.
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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