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Europe Daily Bulletin No. 10936

5 October 2013
Contents Publication in full By article 19 / 38
ECONOMY - FINANCE - BUSINESS / (ae) competition
Aegean/Olympic merger may get go-ahead on 9 October

Brussels, 04/10/2013 (Agence Europe) - On 9 October, the European Commission may decide to give the go-ahead to the planned acquisition of Greek airline Olympic Airways by competitor Aegean Airlines. Aegean is reported to have won over the European Commission, arguing that the deal was vital for the survival of Olympic and needed for the viability of its own business.

The Commission vetoed the merger back in 2011 through fears that it would lead to a virtual monopoly. The Commission opened...

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