Ryanair, the Irish budget airline, has announced its intentions to strengthen its market leadership in Italy, despite facing recent regulatory challenges. The airline’s ambition includes potential acquisition of slots at Rome’s Fiumicino airport, contingent on the merger between Lufthansa and ITA Airways.
At a press conference in Rome, Ryanair’s CEO, Michael O’Leary, highlighted the airline’s ongoing dispute with Italy’s antitrust authority, AGCM. The contention arose from Ryanair’s limitations on the sale of its tickets by travel agencies, including a clash with the Spanish online travel agency eDreams.
Related: RyanAir To Appeal Italian Antitrust Fine
The AGCM has mandated Ryanair to cease its restrictive practices against travel agencies, a move that Ryanair vehemently opposes. O’Leary, demonstrating his protest with a placard stating “Stop OTA Pirates, Protect Passengers,” announced plans to appeal any adverse ruling by the AGCM. Ryanair is also preparing to file a counter-complaint against eDreams, accusing it of misleading customers with a Prime membership service that promises non-existent discounts.
eDreams has responded to the controversy by condemning Ryanair’s tactics, labeling them as aggressive and indicative of the airline’s anti-competitive behavior.
As the dispute unfolds, Ryanair remains confident in its legal position and is set to meet with the AGCM to discuss the matter further.
Source: XM
Featured News
Big Tech Braces for Potential Changes Under a Second Trump Presidency
Nov 6, 2024 by
CPI
Trump’s Potential Shift in US Antitrust Policy Raises Questions for Big Tech and Mergers
Nov 6, 2024 by
CPI
EU Set to Fine Apple in First Major Enforcement of Digital Markets Act
Nov 5, 2024 by
CPI
Six Indicted in Federal Bid-Rigging Schemes Involving Government IT Contracts
Nov 5, 2024 by
CPI
Ireland Secures First €3 Billion Apple Tax Payment, Boosting Exchequer Funds
Nov 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Remedies Revisited
Oct 30, 2024 by
CPI
Fixing the Fix: Updating Policy on Merger Remedies
Oct 30, 2024 by
CPI
Methodology Matters: The 2017 FTC Remedies Study
Oct 30, 2024 by
CPI
U.S. v. AT&T: Five Lessons for Vertical Merger Enforcement
Oct 30, 2024 by
CPI
The Search for Antitrust Remedies in Tech Leads Beyond Antitrust
Oct 30, 2024 by
CPI