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Old 8th Mar 2012, 13:14
  #552 (permalink)  
Cyrano
 
Join Date: Nov 1999
Location: Ireland
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Originally Posted by Flypuppy
I stand corrected on the EC giving the deal an easy ride...


This is saying that substantive issues seem to have been raised so IAG will have to put forward remedies (e.g. divestments of slots) to get clearance from the EC before end March. Otherwise it would risk a phase two investigation which would go beyond that date and they couldn't complete while it was still going on.
But surely all this is saying is that the deal as it stands (i.e. a takeover, lock stock and barrel, of bmi) will have an impact on competition (obviously), so there will have to be remedies. The need for remedies shouldn't come as a surprise to anyone - it's been fairly evident from the start, and indeed it has generated much of the content of preceding pages on this thread!
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