Lufthansa/Austrian merger now formally approved by the European Commission
Aug 28, 2009, 6:12 am
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Lufthansa/Austrian merger now formally approved by the European Commission
The European Commission approved the LH/OS merger today. The merger was cleared according to merger regualtions, and the state aid investigation was closed.
Funny is how the Commission requires a reduction in capacity in the state aid case, whereas in the competition investigation, a concern is a reduction in capacity (and corresponding higher prices)...
Funny is how the Commission requires a reduction in capacity in the state aid case, whereas in the competition investigation, a concern is a reduction in capacity (and corresponding higher prices)...
