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4 years ago
Competition Commission resumes probe into Ryanair stake in Aer Lingus
March 6, 2013 / 6:20 PM / 4 years ago

Competition Commission resumes probe into Ryanair stake in Aer Lingus

1 Min Read

Ryanair planes are seen parked at Girona airport, September 20, 2012.Albert Gea

DUBLIN (Reuters) - Britain's Competition Commission said on Wednesday it has resumed an investigation into whether Ryanair's (RYA.I) 30 percent stake in rival Irish airline Aer Lingus AERL.I distorts competition in the UK market.

The investigation had been put on hold while the European Commission decided whether to block Ryanair's latest attempt at a full takeover of Aer Lingus, which it did last week.

The competition commission, which has the power to force Ryanair to sell its stake, will publish its findings by July 11, it said in a statement.

Reporting by Conor Humphries; Editing by Greg Mahlich

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