Section

Lufthansa-ITA Airways deal may hurt competition, say regulators

By Inquirer - 8 months ago
BRUSSELS  — Lufthansa’s bid for a minority stake in Italian rival ITA Airways could harm competition and lead to higher prices, EU antitrust regulators said on Monday, ramping up pressure on the German carrier to come up with stronger remedies. The European Commission said the deal threatens competition on short-haul routes between Italy and Central

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.