Brussels, 24/04/2013 (Agence Europe) - On 23 April 2012, the European Commission opened a detailed investigation into the planned acquisition by Aegean Airlines of Greece of its Greek competitor Olympic Air. It fears the deal will lead to price rises and lower service standards on various domestic flights from Athens because company resulting from the merger would monopolise the routes or at least be in a very strong position.
The merged company would monopolise flights from Athens to...