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Image header Agence Europe
Europe Daily Bulletin No. 10903
Contents Publication in full By article 15 / 18
ECONOMY - BUSINESS / (ae) competition

Conditional go-ahead for merger of US airlines

Brussels, 20/08/2013 (Agence Europe) - On 5 August, the European Commission cleared the planned merger of US Airways and AMR Corporation (American Airlines' holding company), despite the monopoly that would emerge on the direct London-Philadelphia route, which the Commission will allow under certain conditions. EU Competition Commissioner Joaquín Almunia says: “the Commission could clear this transaction in the first phase given the commitments offered by the parties which address the...