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Be Aware of the EU Watch Dog:  Commission Blocks Merger Between Aegean Airlines and Olympic Air

by Martina Maier and Philipp Werner

In January 2011, the European Commission decided that the proposed merger between Aegean Airlines and Olympic Air should be prohibited because it would have resulted in a quasi-monopoly on the domestic Greek air transport market.  This decision shows that traditional airline merger remedies, such as slot releases, are sometimes insufficient to allay concerns of monopolization.  It also illustrates that the Commission will take a tough stance on competition policy, even when facing strong political pressure to clear the merger for the sake of the economy.

To read the full article here, click here

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European Commission Publishes New Guidance on Assessment of Agreements Between Competitors Under EU Competition Rules

by Martina Maier, Clive Stanbrook, Frank Schoneveld, Wilko van Weert and Philipp Werner

On 14 December 2010, the European Commission published its New Horizontal Guidelines, which provide more detailed information on the assessment of cooperation agreements between actual and potential competitors, in particular concerning information exchange and standardisation, as well as new Block Exemption Regulations on R&D and specialization agreements.

To read the full article, please visit:  https://www.mwe.com/info/news/ots1210k.htm.

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