Ryanair ordered to reduce stake in Aer Lingus
Ryanair has been told to reduce its 29.8 per cent stake in Aer Lingus to just five per cent and has also been restricted from seeking or accepting board representation in the Irish national flag carrier after a ruling from the UK Competition Commission.
The aim of the ruling is to protect competition on UK-Ireland routes, with the Competition Commission being concerned in particular that Ryanair’s minority shareholding in Aer Lingus could impede or prevent its fellow Dublin-based airline from being acquired by or merging with another airline, as well as having an ongoing detrimental affect on Aer Lingus’s commercial policy and strategy…
If you are registered and logged in to the site, click on the link below to read the rest of the Eversheds briefing. If not, please register or sign in with your details below.
News from Eversheds
News from The Lawyer
Briefings from Eversheds
Recent consultation case highlights the court’s willingness to intervene in public sector decision making
All health sector bodies thinking about taking decisions that are subject to a period of public consultation should take heed of the High Court’s recent judgment.
The guidelines give EU businesses more certainty around what cloud service providers and cloud services consumers are responsible for when entering into contractual agreements.
Analysis from The Lawyer
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions
‘Exotic’ investors and opportunities for legal work beyond M&A feature in The Lawyer’s high-level roundtable debate on south-east Europe