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EU Probes Lufthansa's Stake Acquisition in ITA Airways -- Update

Por: MarketWatch Business January 23, 2024

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The European Commission, the EU's executive arm, said Tuesday that the deal could hinder competition on short-haul routes connecting Italy with countries in Central Europe as well as on several long-haul routes between Italy and the U.S., Canada, Japan and India. Lufthansa and ITA are already strong and close competitors that offer non-stop connections on certain routes, the EU said, with limited competition coming mostly from low-cost... + full article



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