The EU s competition watchdogs are conducting an in-depth investigation into Lufthansa s planned acquisition of Italian airline Ita. A preliminary investigation has shown that the merger could reduce.
The EU s competition watchdogs have for the time being denied Lufthansa its planned entry into the Italian state-owned airline Ita. A preliminary investigation has shown that the merger could reduce.
Despite the extended competition review by the EU Commission, Lufthansa is sticking to its investment in the Italian state airline Ita. The MDax group announced on Tuesday that it would continue to.
EU anti-trust regulators have blocked for now Lufthansa's planned minority stake in the Italian airline ITA Airways after a preliminary investigation showed the deal could reduce competition on some routes, the European Commission said on Tuesday. The commission said there is only limited competition from other airlines on non-stop routes to and from some Central European destinations. It noted that on some of these routes, Lufthansa and ITA would be in direct competition with each other with no
The EU's powerful antitrust authority opened an in-depth investigation on Tuesday into German airline Lufthansa's proposed stake in Italy's ITA Airways, over fears it could hurt competition.The deal provided the German company various options to increase its stake or acquire ITA Airways outright at a later date.