EU antitrust regulators express concerns over Lufthansa's acquisition of ITA Airways stake, raising potential competition harm.
EU antitrust regulators have raised concerns over Lufthansa's planned acquisition of a minority stake in Italy's national carrier, ITA Airways. The deal could harm competition, particularly on short-haul routes between Italy and Central European countries and long-haul routes between Italy and the US, Canada, and Japan. The European Commission has issued a statement of objections, giving Lufthansa and the Italian government until April 26 to propose new remedies.
March 25, 2024
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