European Commission announced yesterday that it has opened an "in-depth investigation" into the planned acquisition of Martinair by Air France KLM because the takeover "might substantially reduce competition." KLM currently owns 50% of Martinair shares and intends to acquire the other 50% from Maersk (ATWOnline, Aug. 21). The EC cited the potential negative impact of a merger on competition "as regards at least passenger transport between Amsterdam and. . .Curacao and Aruba" as well as the ...

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