The UK Court of Appeal stays the OFT’s investigation of minority interest between two airlines companies, while the EU Commission reviews the economic importance of minority shareholdings (Ryanair/Aer Lingus)

As the European Commission reported its intention to review the economic importance of minority shareholdings in early November this year, the case of Ryanair and Aer Lingus continued its rollercoaster ride of competition authority and court decisions relating to Ryanair's 29.8% minority interest in rival Irish airline, Aer Lingus. The latest decision came from the Court of Appeal in England, which called for a stay of the Office of Fair Trading's (the «OFT's«) investigation into the possibility that Ryanair's interest has led to a substantial lessening of competition in accordance with the Enterprise Act 2002 (the «Enterprise Act«) [1]. Failed merger The Ryanair case commenced back in 2006, when the airline began building a stake in its rival with the intention of launching a public bid

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

Joanna Cohen, The UK Court of Appeal stays the OFT’s investigation of minority interest between two airlines companies, while the EU Commission reviews the economic importance of minority shareholdings (Ryanair/Aer Lingus), 24 November 2011, e-Competitions Bulletin November 2011, Art. N° 40929

Visites 936

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues