Condor Challenges Lufthansa-ITA Airways Deal in EU Court
7 Articles
7 Articles
Condor challenges Lufthansa-ITA Airways deal in EU court
Condor (DE, Frankfurt International) initiated legal action in the European General Court on May 21 to dispute a European Commission decision to green-light Lufthansa Group's acquisition of a 41% ownership stake in ITA Airways. The German leisure carrier argues that the mandated remedies package imposed by the Commission is inadequate to safeguard competition. "The remedies imposed are not sufficient to offset the harm to, or even elimination of…
Condor appeal alleges irregularities in EU review into Lufthansa/ITA
German airline Condor has asked the EU General Court to annul the European Commission’s approval of Lufthansa’s tie-up with ITA Airways, alleging the agency neglected to examine large swathes of the relevant market and failed to apply its strict ‘failing firm’ defence criteria.
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