Brussels, 07/05/2007 (Agence Europe) - On 4 May 2007, the European Commission approved the proposed acquisition of MyTravel Group PLC, a UK travel group, by KarstadtQuelle AG, a German department store and mail order company, active in tour operating via the Thomas Cook Group.
The Commission's investigation found that, given the combined market shares of the parties on the markets for the supply of short-haul and long-haul package holidays in the UK and Ireland, the proposed concentration...