Press Release: Mergers: Commission clears planned acquisition of Swiss by Lufthansa, subject to conditions

Author (Corporate)
Series Title
Series Details IP/05/837 (5.7.05)
Publication Date 05/07/2005
Content Type

The European Commission on 5 July 2005 cleared under the EU Merger Regulation the proposed acquisition by German airline Deutsche Lufthansa AG of the Swiss airline Swiss International Air Lines Ltd. The Commission's clearance is conditional upon the parties surrendering slots at Zurich and Frankfurt airports and other concessions. In light of these commitments, the Commission has concluded that the transaction would not significantly impede effective competition in the EEA and Switzerland.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/837&format=HTML&aged=0&language=EN&guiLanguage=en
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