The UK’s Competition Appeal Tribunal has rejected a contention by Irish-based low-cost carrier Ryanair (FR) that UK competition authorities do not have powers to investigate FR’s almost 30% shareholding in Irish flag-carrier Aer Lingus (EI). The tribunal threw out the FR appeal, allowing the UK Competition Commission (CC) to continue its investigation. FR is making its third attempt to acquire EI (ATW Daily News, June 19). The CC probe began after a previous ruling by the ...

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