The European Commission extended its initial investigation into the acquisition of Swiss International Air Lines by Lufthansa by two weeks to July 8. At that time, the EC will decide whether to clear the deal, conditionally clear it or open an in-depth probe that could last up to four months. A two-week extension usually is accorded in order to look at the "remedies" the carriers have proposed to meet competition concerns raised by the Commission. It also allows third parties, including ...

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