EC rejects Ryanair-Aer Lingus takeover

Ryanair 737-800. Courtesy, Boeing The European Commission (EC) on Wednesday blocked Ryanair’s third Aer Lingus takeover attempt. Competition commissioner Neelie Kroes said the takeover would “have led to dramatically reduced choice for consumers and, as a result, the likelihood of lower quality and higher fares. They were in particular not capable of ensuring that other airlines would enter the market on a sufficient scale to compete effectively with the merged ...