Ryanair Boeing 737-800
Ryanair said it will appeal the latest decision ordering it to sell down its 29.82% stake in Aer Lingus. On Friday, the UK’s Competition Appeal Tribunal (CAT) rejected Ryanair’s appeal against last August’s decision by the UK Competition Commission (CC) ordering it to reduce its holding to no more than 5%, on the grounds that its current stake was anti-competitive. Ryanair submitted six grounds for appeal, including the argument that the CC’s finding was irrational, ...
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