Press Release: Mergers: Commission opens in-depth investigation into proposed acquisition of Aer Lingus by Ryanair

The European Commission has opened an in-depth investigation (phase II) under the EU Merger Regulation into the proposed acquisition of Aer Lingus by the low cost carrier Ryanair, which was notified to the Commission on 24 July 2012. Both are major players in the Irish passenger air transport services market.

The Commission's preliminary investigation into the proposed takeover, which takes the form of a public offer, indicated potential competition concerns. Ryanair and Aer Lingus are the main operators out of Dublin airport. On a large number of European routes, mainly out of Ireland, the two airlines are each other's closest competitors and barriers to entry appear to be high. Many of these routes are currently only served by the two airlines. The takeover could therefore lead to the elimination of actual and potential competition on a large number of these routes.

• Primary Source

ESO: Background information: Ryanair makes third bid for Aer Lingus http://www.europeansources.info/record/ryanair-makes-third-bid-for-aer-lingus/

Irish Times, 12.11.12: EU to outline objections to Ryanair takeover bid http://www.irishtimes.com/newspaper/finance/2012/1112/1224326470955.html

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