European Union competition authorities on 5 August 2013 approved - TopicsExpress



          

European Union competition authorities on 5 August 2013 approved the merger of US Airways Group and AMR Corporation. This will form the largest airline of the world after merger. The merger was cleared under the EU Merger Regulation. The decision came with condition that the merged company will help in paving way for more competition on London-Philadelphia route. It is important to note that on this route, a joint venture with British Airways and Iberia helps in creating monopoly.
Posted on: Wed, 07 Aug 2013 09:00:11 +0000

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