EU Commission set to quash Ryanair’s Aer Lingus bid

As reported by David Lawsky, of Reuters UK, “Ryanair, Europe’s biggest budget airline, will lose its attempt to take over Irish rival Aer Lingus when the European Commission vetoes the bid on Wednesday, sources familiar with the matter say.The Commission, executive arm of the European Union, will take the unusual step of blocking the unsolicited bid in order to prevent the two carriers from becoming a single, dominant operator at Dublin Airport and stifling competition there.”Read this article in full text, here.

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