Press Release: Mergers: Commission clears proposed joint control of Spanish online travel agency Rumbo by Telefónica and Orizonia

The European Commission has approved, under the EU Merger Regulation, the proposed acquisition by the Spanish travel operator Orizonia Corporation (via its subsidiary Turmed) of joint control of online travel agency Rumbo ('Red Universal de Marketing y Booking Online') with Spanish telecommunications company Telefónica, S.A. The Commission further approved the integration of the travel agencies Terra Business Travel (belonging to Telefónica) and Viajar.com (belonging to Orizonia) into Rumbo. The Commission concluded that the proposed transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.