EU extends probe into Lufthansa's takeover of Brussels Airlines
EU regulators extended on Monday an antitrust probe into Lufthansa's plans to buy SN Brussels Airlines over concerns the deal may hurt competition, the European Commission said.
Therefore, it decided to extend its investigation by another 90 working days --- until 10 June 2009 -- before ruling on whether to let it go ahead or block it.
"At a time of consolidation in the European airline sector, the Commission must make sure that consumers will continue to have a competitive choice of airline services both as regards fares and routes," Competition Commissioner Neelie Kroes said in a statement.
German carrier said in September that it planned to acquire full control of SN Brussels Airlines, the surviving rump of Belgium's former flag carrier Sabena.