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Old 23rd May 2012, 11:31
  #585 (permalink)  
dublinaviator
 
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Originally Posted by akerosid
Any comments on the UK ruling on FR's shareholding in EI; EI has welcomed it and it opens the way to an OFT inquiry.
It'll come to nothing. The European Court of Justice, who have the final say, have already ruled that Ryanair can keep their shareholding in Aer Lingus. So before they even start their investigation, it's already a waste of time. This is nothing more than a pointless exercise for the UK OFT to justify their existence and their high pay cheques.

And that's before mentioning the fact that both airlines involved are based in Ireland, which is equivalent to the Irish Competition Authority attempting to block a merger between BA and BMI.

It's just a complete waste of UK taxpayer's money.
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