The European Commission yesterday confirmed a citation from DG Competition Director General Philip Lowe Tuesday night that the body has no competence to force Ryanair to sell its shareholding in Aer Lingus. "We are reiterating what we have previously said, namely that under the EU merger regulation we are not in a position to act because Ryanair's stake doesn't grant it effective control [over Aer Lingus]," DG Competition spokesperson Linda Cain told ATWOnline. Ryanair currently holds a ...

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