Brussels, 26/01/2011 (Agence Europe) - On Wednesday 26 January, the European Commission put a block on the proposed merger between Greek companies Aegean Airlines and Olympic Air, as it would have resulted in a quasi-monopoly on the Greek air transport market. This would have led to “higher prices and lower quality of service” for consumers. The Commission said the proposals put forward by the two companies to resolve this problem were inadequate.
Commission Vice-President Joaquín...