EU extends probe into Lufthansa’s takeover of Brussels Airlines
Published on 29/01/2009
BRUSSELS – The commission, Europe’s top antitrust watchdog, said that its first look at the takeover had raised concerns that it might create a monopoly on key routes between Brussels and major cities in Germany and Switzerland.
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.