Friday, December 21, 2012

Reuters: Regulatory News: Star Alliance airlines offer concessions in EU case

Reuters: Regulatory News
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Star Alliance airlines offer concessions in EU case
Dec 21st 2012, 10:58

BRUSSELS | Fri Dec 21, 2012 5:58am EST

BRUSSELS Dec 21 (Reuters) - Lufthansa, United Airlines and Air Canada have offered to make slots available to competitors on the Frankfurt to New York route to try to resolve an EU anti-trust enquiry into their transatlantic cooperation deal.

The European Commission, which oversees EU competition policy, said in a statement that it would seek feedback from the companies' competitors on whether the concessions are enough to address competition concerns over their Star Alliance tie-up.

"If the market test confirms that the proposed commitments remedy the competition concerns, the Commission may adopt a decision... making the commitments legally binding on the parties," the statement said.

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