Air Europas improved performance since 2021 made it harder to identify sufficient remedies during IAGs second failed attempt to acquire the Spanish carrier, according to the European Commission.The Commissions executive vice-president with responsibility for competition policy, Margrethe Vestager, made the comments in a 2 August statement acknowledging IAGs termination of its agreement to buy the remaining 80% of Air Europa from parent company Globalia.Source: Thiago B Trevisan/ShutterstockThe acquisition would have seen numbers one and two joining forces at Madrid This is the second time that the Commission was asked to assess the acquisition of Air Europa by IAG under EU merger control rules, after the first attempt failed in 2021 due to the Commissions competition concerns, Vestager says. Air Europa is in a stronger po <a href=https://www.stanleycup.cz>stanley termoska</a> sition today than it was in 2021 so the challenge of identifying adequate remedies was even greater than in 2021. The Commissions enduring concern, she says, was that with Iberia and Air Europa having dominant positions in the Spanish market, competition would have been reduced by an acquisition, with adverse effects for consumers. IA <a href=https://www.stanley-cups.de>stanley deutschland</a> G offered remedies, but taking into account the results of the market test, the remedies submitted did not fully address our competition concerns, Vestager adds.Speaking during IAGs second-quarter earnings call on the same day, chief executive Luis Gallego said those remedies amounted to more than half <a href=https://www.cup-stanley.es>stanley botella</a> of Air Europas frequencie Ytli Fort Kent ski racing team is drawing young athletes from all over
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