Ryanair’s move on Aer Lingus set to fail

In 2006 The European Commission announced it would consider whether, on competition grounds, to permit Ryanair to acquire Aer Lingus.
Article suggests that Ryanair's bid for Aer Lingus will almost certainly be blocked by the European Commission later in June 2007, after Brussels found a combination of Europe's biggest low-cost airline and Ireland's flag carrier would undermine competition and harm consumers.

Ryanair: Press Release, 30.3.07: Leaked EU Finding is Unprecedented and Politically Motivated http://www.ryanair.com/site/EN/news.php?yr=07&month=mar&story=pro-en-300307

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