Ryanair: EU Blocks Aer Lingus Merger

Budget airline Ryanair has said the European Commission (EC) intends to prohibit its proposed merger with smaller Irish rival Aer Lingus.

The budget airline said the decision is a political one that is not based on competition law.

The company said a statement: "Ryanair... was notified this (Tuesday) morning at a state-of-play meeting with the EU Commission, that the EU Commission intends to prohibit Ryanair's offer for Aer Lingus, despite the fact that Ryanair has met every competition concern raised in the EU's statement of objections and during the review process."

The EC said it would launch a detailed investigation into Ryanair's bid in August.

Ryanair has already attempted to gain control of Aer Lingus twice but ran into opposition from the EC and the Irish government on both occasions.

It already owns 29.82% of the Irish airline.

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